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Yesterday, you entered into five futures contracts to buy the euro at $1.10 per . A futures contract specifies 125,000. Suppose the futures price closes

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Yesterday, you entered into five futures contracts to buy the euro at $1.10 per . A futures contract specifies 125,000. Suppose the futures price closes today at $1.11. How much have you made/lost? O $1,387.50 gain O $1,387.50 loss O $6,250 gain O $6,250 loss

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