19. Anticipating future economic growth, you get a futures contract in corn. You secure a price for $20/unit for 1,000,000 units six months from now. If the price of corn is $15/unit in six months how much do you make/lose?

20. You sell Credit Default Swaps on $5 million of Russian bonds at 10% face value per year. If over the year Russian bonds completely default (after you get paid), how much do you make/lose?