Andrea bought futures contracts on 560,000 pounds of domestic sugar at a price of 21.48 cents per

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Andrea bought futures contracts on 560,000 pounds of domestic sugar at a price of 21.48 cents per pound. Futures contracts on sugar are for 112,000 pounds. What is the amount of Andrea's profit or loss if the price at contract expiration is 21.32?

Posted Date: Dec 11, 2021 02:27 PM

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Andrea bought futures contracts on 560,000 pounds of domestic sugar at a price of 21.48 cents per

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