Calculate the profit or loss for each trading day

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Reference no: EM131084251

You are long 10 gold futures contracts, established at an initial settle price of $1,610 per ounce, where each contract represents 100 ounces. Over the subsequent four trading days, gold settles at $1,617, $1,607, $1,616, and $1,625, respectively.

Calculate the profit or loss for each trading day. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.)

Compute your total profit or loss at the end of the trading period. (Input your answer as a positive value. Do not round intermediate calculations.)

Reference no: EM131084251

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