Calculate the profit or loss achieved by a speculative investment in 10 March BAB futures contracts given the position was opened by buying the contracts at a price of 96.7 and later closed-out at a price of 96.9.

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The Answer of Calculate the profit or loss achieved by a speculative investment in 10 March BAB futures contracts given the position was opened by buying the contracts at a price of 96.7 and later closed-out at a price of 96.9.

Calculate the Profit or Loss Achieved by a Speculative Investment