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suppose you purchase 1 0 metric tons of may 2 0 1 8 cocoa futures contract on may 2 7 , 2 0 2 2

suppose you purchase 10 metric tons of may 2018 cocoa futures contract on may 27,2022, at $2554 per metric ton. what will your profit or loss be if cocoa prices turn out to be $2,681 per metric ton at expiration? there are 10 metric tons per contract. show the work

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