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12 Yesterday, you entered into a futures contract to enter 125,000 at $1.25 per ....

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Finance

12 Yesterday, you entered into a futures contract to enter 125,000 at $1.25 per . Suppose the future price close today at $1.30. How much have you made/lost?
You have lost $6,250.
You have gained $7,500.
You have lost $7,5000.
You have gained $6,250.
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