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Posted on Jul 22, 2024

What is the profit or loss for a speculator that purchases 9 wheat futures contract at a contract price of $4.95/bushel if the price of

What is the profit or loss for a speculator that purchases 9 wheat futures contract at a contract price of $4.95/bushel if the price of wheat increases to $9.6/bushel at expiration of the futures contract? Each contract covers 5,000 bushels

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