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Title: You purchased one July futures contract of pork bellies at $.59 per lb. One contract represents ... Post by: papahomer on Jun 1, 2017 You purchased one July futures contract of pork bellies at $.59 per lb. One contract represents 40,000 lbs. of pork bellies. By the end of the day, the price had fallen to $.57 per lb. How much did the value of your contract change during the day?
A) It rose by $800. B) It fell by $356. C) It fell by $800. D) There is no change in value until the contract expires. Title: Re: You purchased one July futures contract of pork bellies at $.59 per lb. One contract represents ... Post by: vanrhee on Jun 1, 2017 Content hidden
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