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Suppose you sold one December maturity S&P 5 0 0 Index futures contract at a futures price of 4 , 0 0 0 . If

Suppose you sold one December maturity S&P 500 Index futures contract at a futures price of 4,000. If the spot futures price is 4,150 at contract maturity, what is your profit? The contract multiplier is $100.

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