1 point The contract size for futures on Wells Fargo stocks is 100 shares. Suppose the...
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1 point The contract size for futures on Wells Fargo stocks is 100 shares. Suppose the current futures price is $150 per shares. If you purchased 3 contracts, what is your dollar profit if the stock sells for $105 a share when the futures contract expires? $135 Loss $13,500 Gain $13,500 Loss $4,500 Loss 1 point The contract size for futures on Wells Fargo stocks is 100 shares. Suppose the current futures price is $150 per shares. If you purchased 3 contracts, what is your dollar profit if the stock sells for $105 a share when the futures contract expires? $135 Loss $13,500 Gain $13,500 Loss $4,500 Loss
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