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Determine and calculate profit or loss

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Question 1 : You are a trader who entered a short position in BAB futures when their price was 90.81. Market prices have since changed to 90.74 and you have decided to close out your position. Calculate your profit or loss. Give your answer in dollars and cents to the nearest cent. If your answer is a loss then place a negative sign in front of your answer

Reference no: EM132549989

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