Suppose you sell eight June 2020 palladium futures contracts this day at the last price of the day. Use Table 23.1. a. What will your profit or loss be if palladium prices turn out to be $2,043.60 per ounce at expiration? (Do not round intermediate calculations and enter your answer as a positive value rounded to 2 decimal places, e.g., 32.16.) b. What will your profit or loss be if palladium prices are $1,964.60 per ounce at expiration? (Do not round intermediate calculations and enter your answer as a positive value rounded to the nearest whole number, e.g., 32.)

Palladium (NYM) -50 troy oz; $ per troy oz MayJuneSeptDecPlatinum(NYM)50troyoz;$pertroy0Z.MayJuly1873.101880.002000.00807.60823.1020770.002050.002000.00807.60877.001863.701880.002000.00805.10822.702021.802027.102016.202009.20864.70869.30169.20169.20161.30161.5052.2052.203,3813,318393842,602