Futures Quotes [LO2] Refer to Table 23.1 in the text to answer this question. Suppose you purchase a September 2020 cocoa futures contract this day at the last price of the day. What will your profit or loss be if cocoa prices turn out to be $2,308 per metric ton at expiration? Futures Quotes [LO2] Refer to Table 23.1 in the text to answer this question. Suppose you sell five July 2020 silver futures contracts this day at the last price of the day. What will your profit or loss be if silver prices turn out to be $17.68 per ounce at expiration? What if silver prices are $17.29 per ounce at expiration? TABLE 23.1 Sample Wall Street Journal Futures Price Quotations