Question: Suppose you enter a short position in a December copper futures contract for a futures price of $4 per pound of copper. Suppose in December

Suppose you enter a short position in a December copper futures contract for a futures price of $4 per pound of copper. Suppose in December (at maturity of the contract) copper trades for $4.5 per pound (in the spot market). What happens to your position if you hold the contract until maturity?

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