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Use the following corn futures quotes: Suppose you sell 25 of the May corn futures...

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Accounting

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image Use the following corn futures quotes: Suppose you sell 25 of the May corn futures at the high price of the day. You close your position later when the price is 463.375 . Ignoring commission, what is your dollar profit on this transaction? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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