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this question is from a course on economics about money and banking. this one is about future contracts. step by step information would be great

this question is from a course on economics about money and banking. this one is about future contracts. step by step information would be great please and thank you.

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30) If you purchase a $100,000 interest-rate futures contract for 110, and the price of the Treasury securities on the expiration date is 106, your profit is $ (negative if it is a loss)

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