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Show me the steps to solve Question 1 7 Note: The quoted prices are in cent ( 1 dollar = 1 0 0 cents )
Show me the steps to solve Question Note: The quoted prices are in cent dollar centsContract Month
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Suppose you buy of the September corn futures contracts at the last price of the day. One month from now, the futures price of this contract is and you close out your position.
a Calculate your dollar profit on this investment. b What is the HPR of this investment?
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