You take a long futures contract on the S&P 500 when the futures price is 1,107.40, and
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You take a long futures contract on the S&P 500 when the futures price is 1,107.40, and close it out three days later at a futures price of 1,131.75. One futures contract is for 250 × the index. Ignoring interest, what are your losses/gains?
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