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Suppose you sell eight March 2012 silver futures contracts on November 22, 2011, at the last price of the day. 1. What will your profit

image text in transcribed Suppose you sell eight March 2012 silver futures contracts on November 22, 2011, at the last price of the day.

1. What will your profit or loss be if silver prices are $31.01 per ounce at expiration?

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