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Suppose you sell a call option contract on April live cattle futures with a strike price of 90 cents per pound. Each contract is for

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Suppose you sell a call option contract on April live cattle futures with a strike price of 90 cents per pound. Each contract is for the delivery of 40,000 pounds. 1. What happens if the contract is exercised when the futures price is 99 cents? How much will you lose or make money

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