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Obama Continues To Lead Iowa Electronic

On Monday, the IOWA ELECTRONIC MARKETS showed that Barack Obama had a 75 percent chance of winning the Democratic nomination; Hillary Clinton was at 21 percent. The prediction markets, run by professors at the Henry B. Tippie College of Business, let people buy and sell futures contracts pegged to each candidate's chances of winning. On Wednesday morning, after Clinton won the Pennsylvania primary, Obama contracts were trading at 78.9 cents (indicating a 78.9 percent chance of winning the nomination), and Clinton was at 18.2 cents.

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