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You purchased one wheat future contract at $5.04 per bushel What would be your profit (loss) at maturity if the wheat spot price at that

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You purchased one wheat future contract at $5.04 per bushel What would be your profit (loss) at maturity if the wheat spot price at that time were $4.98 per bushel? Assume the contract size is 5,000 bushels and there are no transactions costs. Multiple Choice $30 loss $300 profit $30 profit $300 loss

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