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The price of a regular S&P 500 Index futures contract is $2,988.26 when you decide to enter a long position. When the position is closed

The price of a regular S&P 500 Index futures contract is $2,988.26 when you decide to enter a long position. When the position is closed the futures price is $2,940.32. If there are no settlement requirements, what is your dollar gain or loss? (Ignore opportunity costs.) Round to the nearest 0.01.

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