Question: Use the following corn futures quotes: Suppose you sell 18 of the May corn futures at the high price of the day. You close your

Use the following corn futures quotes: Suppose you sell 18 of

Use the following corn futures quotes: Suppose you sell 18 of the May corn futures at the high price of the day. You close your position later when the price is 467.625. Ignoring commission, what is your dollar profit on this transaction? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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