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You are long 11 futures contracts with a futures price of $1,275.32 per troy oz. Each contract covers 100 troy ounces of gold. What is

You are long 11 futures contracts with a futures price of $1,275.32 per troy oz. Each contract covers 100 troy ounces of gold.

What is your profit if the gold price is $1,273 on the expiration date of the futures contract (in $)?

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