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Futures contracts on gold are based on 500 troy ounces and priced in dollars per troy ounce. Assume the March gold contract settled today at

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Futures contracts on gold are based on 500 troy ounces and priced in dollars per troy ounce. Assume the March gold contract settled today at 1255.10 and opened at 1274,60. The May contract settled at 1258.30 and opened at 1283. You own three of the May contracts that you purchased at 1282.70. What is your total profit or loss to date? OA) -$25,320 B) $21,660 C) -$36,600 D) -$32,160 O E) $32,240

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