Chap 25HW - Futures and Forwards (i) Suppose you purchase a December 2020 milk futures contract on December 4, 2020, at the last price of the day. Use Table 25.2. What will your profit or loss be if milk prices turn out to be $.1562 per pound at expiration? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) Table 25.2 Futures Contracts Quote, December 4, 2020 source: Ine wau street sournal, vecember 4,UU, www.ws].com