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You enter a short wheat futures contract at a price of $5.15. You hold the contract through expiration, when the futures price is $4.66. What
You enter a short wheat futures contract at a price of $5.15. You hold the contract through expiration, when the futures price is $4.66. What is your total gain or loss on the contract if each wheat futures contract is for 5000 bushels? (Do not include a dollar sign ($) in your answer as Blackboard will automatically mark it wrong.)
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