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You Purchased a Futures Contract on Oats at a Futures

Question 74

Multiple Choice

You purchased a futures contract on oats at a futures price of 2.33, and at the time of expiration, the price was 2.61.What was your profit or loss?

A) $1400.00
B) -$1375.00
C) -$27.50
D) $27.50

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