Compute the total profit or loss of transactions

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Question - Suppose you sell 10 December Wheat (ZW) futures contracts at 850-4 on Sep. 2, then you buy 5 December Wheat (ZW) futures contracts at a price of 843-2 on Sep. 12th and buy 5 more at a price of 840-6 on Sep. 16th. Compute the total profit or loss of these three transactions. Be sure to show your work.

Reference no: EM133249372

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