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risk by selling futures on 2000 barrels of oil. The current oil futures price is $23.75 dollars per barrel. If in 7 months the spot

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risk by selling futures on 2000 barrels of oil. The current oil futures price is $23.75 dollars per barrel. If in 7 months the spot price of oil is $22.25 and the futures price is $24.55 per barrel, what is Mogul's effective price of oil per barrel? 23.05 23.75 22.25 21.45 26.05

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