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You sell six copper futures contracts at 100 cents per pound where the contract size is 25,000 pounds. At contract maturity, copper is selling at

You sell six copper futures contracts at 100 cents per pound where the contract size is 25,000 pounds. At contract maturity, copper is selling at 98 cents per pound. What is your profit (loss) on the transaction?

A) +$2,000

B) -$2,000

C) +$3,000

D) -$3,000

E) None of the above

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