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2. You own shares of A Future with Options Inc., which you bought at $50 per share. The current share price is $100. There is

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2. You own shares of A Future with Options Inc., which you bought at $50 per share. The current share price is $100. There is a futures contract calling for delivery of one share of A Future with Options Inc. one month from today at a price of $120. For simplicity assume that the interest rate is zero and the stock does not pay dividends. You sell futures contracts on your shares at a price of $120 per share. You hold the futures position until the delivery day. a) The market price of the shares on the delivery day is $140. Calculate your profit per share. Explain. b) The market price of the shares on the delivery day is $80. Calculate your profit per share. Explain

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