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Posted on Sep 05, 2024

You went long 2 0 July 2 0 2 2 crude oil futures contracts at a price of $ 1 1 6 . 5 0

You went long

20

July

2022

crude oil futures contracts at a price of $

116.50 .

Based on the information in the Figure below, if you closed your position at the settle price on this day, what was your profit?

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