Question: You sold one silver future contract at $2 per ounce. What would be your profit (loss) at maturity if the silver spot price at that

You sold one silver future contract at $2 per ounce. What would be your profit (loss) at maturity if the silver spot price at that time is $3.50 per ounce? Assume the contract size is 5,000 ounces and there are no transactions costs.

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