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Suppose you purchase a July 2020 corn futures contract on this day at the last price of the day. What will your profit or loss

Suppose you purchase a July 2020 corn futures contract on this day at the last price of the day. What will your profit or loss be if corn prices turn out to be $3.1535 per bushel 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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