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Use the following corn futures quotes (priced in cents): Suppose you sell 25 of the May com futures at the high price of the day.

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Use the following corn futures quotes (priced in cents): Suppose you sell 25 of the May com futures at the high price of the day. You close your position later when the price is 463375 . Ignoring commission, what is your dollar profit on this transaction? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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