The march futures contract for corn is currently trading at, Financial Management

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The march futures contract for corn is currently trading at

The March futures contract for corn is currently trading at $3.75 per bushel. Suppose you buy ten contracts for March delivery. If the contract closes in March at 3.875, what will your profit be (Each contract calls for delivery of 5,000 bushels of corn)?

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Financial Management: The march futures contract for corn is currently trading at

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