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Suppose you purchase a March 2021 cocoa futures contract this day at the last price of the day. What will your profit or loss

   

Suppose you purchase a March 2021 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 $1,965 per metric ton at expiration? The quotations of the futures contracts are shown as follows: Cocoa (CE-US)-10 metric tons; $ per ton. Open High Low Settle Chg Open Interest March 1,993 2.018 May 2,008 2,038 1,969 1,974 -19 35,455 1,988 1,996 -15 105,293

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