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Suppose that Dynamo insurance Company forecasts that stock market prices are going to increase considerably over the next three months and that they want to

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Suppose that Dynamo insurance Company forecasts that stock market prices are going to increase considerably over the next three months and that they want to purchase300E-Mini S\&P 500 index futures contracts that have settlements that are six months out. If the index has a value of 3,000 , and the value of a contract is 50 times the index's value, then Dynamo insurance Company will have invested in the futures contracts. Suppose after three months, the E-Mini S$P500 index is 2,900 . If Dynamo Insurance Company wants to offset their position, they would futures contracts, resulting in a total of (Hint: Assume that there were no transaction costs and that the values you enter are all positive numbers.)

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