Question: Question 5 2 pts You take a speculative long position in 5 January Frozen concentrated orange juice (FCO) futures at a price of 119-124/1b. Each

Question 5 2 pts You take a speculative long position in 5 January Frozen concentrated orange juice (FCO) futures at a price of 119-124/1b. Each FCO. contract represents 15,000 ibs If your account has an inittal margin of 7%, what will be your dollar profit if you close out this position at 120.63e/1b. pelor to expiration? Pound answer to 2 decimal places. Do not round Intermediate calculation

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