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Suppose you purchase a July 2 0 2 0 soybean oil futures contract on this day at the last price of the day. What will

Suppose you purchase a July 2020 soybean oil futures contract on this day at the last price of the day. What will your profit or loss be if soybean oil prices turn out to be $.2573 per pound at expiration? Use Table 23.1.(Do not round intermediate calculations and enter your answer as a positive value rounded to 2 decimal places, e.g.,32.16.)

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