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Suppose you purchase a July 2014 orange juice futures contract on this day, at the last price of the day. Use Table 23.1 What will
Suppose you purchase a July 2014 orange juice futures contract on this day, at the last price of the day. Use Table 23.1 |
What will your profit or loss be if orange juice prices turn out to be $1.5734 per pound at expiration? (Do not round intermediate calculations. Enter your answer as a positive value and round your answer to 2 decimal places, e.g., 32.16.) |
(Click to select)LossProfit | $ |
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