current futures price of $$60\mathrm{.}02$ per barrel.

Suppose futures prices change each day as follows.

a$.$ What is the marking$-$to$-$market profit or loss $($in dollars$)$ that you will have on each date?

b$.$ What is your total profit or loss after $10$ days? Have you been protected against a rise in oil prices?

c$.$ What is the largest cumulative loss you will experience over the $10-$day period? In what case might this be a problem?

a$.$ What is the marking$-$to$-$market profit or loss $($in dollars$)$ that you will have on each date?

$($Round the price change to the nearest cent and the profit$/$loss to the nearest dollar.$)$

$\backslash$table$[[$Day$,,$Price,Price Change,Profit$/$Loss$],[0,$$$,60\mathrm{.}02,,],[1,$$$,59\mathrm{.}51,$$$,$$