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Suppose you purchase a May 2014 soybean meal futures contract on this day, at the last price of the day. Use Table 23.1 What will

Suppose you purchase a May 2014 soybean meal 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 meal prices turn out to be $499.50 per ton 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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