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

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An investor enters into a short oil futures contract when

An investor enters into a short oil futures contract when the futures price is $18.0 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 $19.75 a. 1975.0 b. -1.75 c. 1.75 d. 175.0 e. -175.0

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