An investor enters into a long oil futures contract when, Financial Management

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An investor enters into a long oil futures contract when

An investor enters into a long oil futures contract when the futures price is $18.75 per barrel. The contract size if 100 barrels of oil. How much does the investor gain or lose if the oil price at the end of the contract equals $16. 75? a. 200.0 b. -200.0 c. -2.0 d. 1675.0 e. 2.0

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