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Suppose you purchase a March 2017 soybean oil futures contract on this day at the last price of the day. Use Table 23.1 What will

Suppose you purchase a March 2017 soybean oil futures contract on this day at the last price of the day. Use Table 23.1 What will your profit or loss be if soybean oil prices turn out to be $.3318 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.)

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