A broad equity index has a current value of $700$ while a futures price on the index is quoted at $722.$ If the index increases in value by $10\%$ by the maturity date of the futures contract, determine the profit to the long futures position. Multiple choice question. $$92\mathrm{.}20$ $$70\mathrm{.}00$ $$24\mathrm{.}20$ $$48\mathrm{.}00$