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You purchased one corn future contract at $2.29 per bushel. What would be your profit (loss) at maturity if the corn spot price at that
You purchased one corn future contract at $2.29 per bushel. What would be your profit (loss) at maturity if the corn spot price at that time were $2.10 per bushel? Assume the contract size is 5,000 bushels and there are no transactions costs.
Please use excel
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