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Find and calculate profit or loss

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Question 1: You are a speculator who entered a long position in BAB futures when their value was $992,608.47. Market prices have since changed to 97.15 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: EM132525962

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