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You purchased a futures contract on oats at a futures price of $700, and at the time of expiration, the price was $510. Recall,

image text in transcribed " You purchased a futures contract on oats at a futures price of $700, and at the time of expiration, the price was $510. Recall, each contract correcnnnds to 5,000 bushels, and prices are quoted at cents per bushel. What was your profit

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