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current futures price of $ 6 0 . 0 2 per barrel. Suppose futures prices change each day as follows. ANSWER A , B ,

current futures price of $60.02 per barrel.
Suppose futures prices change each day as follows. ANSWER A, B , C PLEASE
a. What is the marking-to-market profit or loss (in dollars) that you will have on each date?
b. What is your total profit or loss after 10 days? Have you been protected against a rise in oil prices?
c. What is the largest cumulative loss you will experience over the 10-day period? In what case might this be a problem?
a. What is the marking-to-market profit or loss (in dollars) that you will have on each date?
(Round the price change to the nearest cent and the profit/loss to the nearest dollar.)
\table[[Day,,Price,Price Change,Profit/Loss],[0,$,60.02,,],[1,$,59.51,$,$
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