2) Silver price today is $14 per ounce; the futures price for November 2019 is $14.5 per ounce There are 5,000 ounces of silver in each futures contract. The margin requirement for each contract is $3500. You believe the price of silver will go up over the next year. So you go long one future contract that expire December 2019 12 months later, the silver future price goes up to $15 Questions: a) What's your long future position value 12 months later? b) What's the current position value? b) What's your profit from the future trade? c) What's % return on investment on this trade