When this position was closed out the quoted price was 9360, Financial Management

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When this position was closed out the quoted price was 9360

Profit from T-Bill:

Futures Suerth Investments, Inc., purchased T-bill futures contracts when the quoted price was 95.00. When this position was closed out, the quoted price was 93.60. Determine the profit or loss per contract, ignoring transaction costs.

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Financial Management: When this position was closed out the quoted price was 9360

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Financial Management: When this position was closed out the quoted price was 9360

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