Suppose you purchase a July 2018 orange juice futures contract on March 27, 2018, at the last price of the day. Use Table 25.2.

What will your profit or loss be if orange juice prices turn out to be $1.4819 per pound at expiration? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16)

Futures Contracts Open Hohe open atal & Petro Sugar-World (ICE-US) 112000 lbs:contspor b. Table 25.2 Futures Contracts Quote, March 28, 2018 SOURCE The Wall Street Journal, March 28, 2018, www.wsj.com. Merken Sular Domestic OCE-US) May 24.45 2.45 2445 24.4 Cottonces May 81.88 22.77 Juice (ICE-U Juice ICE-US)-15.000 lbs.centsport 138.40 138.60 -47200 Rends. CT-1000ste endent 144-140 145-280 144-110 145-200 29.0 793,328 18,280 14-15014-280 144.210 30.0 120-120 121-015 120-290 14.0 3.490,473 resou2002-26 120-205 145 454 114-12 114-12 14 160 14.250.00 114.015 114-145 114-120 903.3615 106-177 106-18 00-0706-11 March 98.500 9.500 98.498 98.488 122.332 98.32, 364,00 T.DOLO 789 7183 1 Month Libor (OME) $3.000.00pts. Jun 07.0590 70xc00000050023140 Eurodollar (CME-$1,000,000 97 A 9720 r. Del 1326.98325 YA NNNNNN RSS 888 -2006 21.22 1.4083 1.4167-0074 1.125 Swiss Franc CME.CHF 125 000 SEK 10656 10674 10589 10632 - 0028 Australian Dollar (CME) AUD 100,000. Sper AUD 7688-0047 7702 on 7256 7763 76087005-0048 643 00701-0049 343 e 053820539 05361 05381-00016 197 395 O(CME-125,000 12395 1.2021 -.0056 1,781 1048 98,419 DJIndustrial Average (CBT-55 x Index 24931 MB 23736 23990 -337 490 500 Index (CME) $250 x index Mini S&P 500.CUELA 2615.70 43.80 50,59 June 265950 2679.75 2596.00 2615.7543.75 Sept 2605.00 2694.25 2500.75 2620.25 -44.25 56,800 Mini S&P Midcap 400(OME)-S100x Indes 98 88 1985 ussell 2000 1543.00 155 -2630 9,254 42 Dollar Index (ICE-US Source SIX Financial Information