Suppose you sell five April 2017 gold futures contracts on this day, at the last price of the day. Use Table 23.1 a. What will your profit or loss be if gold prices turn out to be $1,247.20 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.) b. What will your profit or loss be if gold prices are $1,229.60 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.) Loss Profit b. Settle Chg Open interest 672 2.6480 2.6535 -0.0125 -0.0130 120,434 Contract Open High hilo Low Copper-High (CMX)-25,000 lbs; $ per lb. Feb 2.6735 2.6735 2.6715 March 2.6660 2.6765 2.6410 Gold (CMX)-100 troy oz; $ per troy oz. Feb 1239.40 1243-50 1226.90 April 1242.70 1246.20 1226.10 June 1246.10 1249.00 1230.00 Aug 1250.10 1252.00 1235.10 Dec 1254.00 1256.90 1239.00 June'18 1266.00 1266.00 1254.80 -2.50 1,387 -2.70 288,888 63,531 -2.70 1235.10 1236.80 1240.00 1243.10 1249.20 1259.00 -2.80 18,296 29,516 -2.70 -2.50 4,419 Suppose you sell five April 2017 gold futures contracts on this day, at the last price of the day. Use Table 23.1 a. What will your profit or loss be if gold prices turn out to be $1,247.20 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.) b. What will your profit or loss be if gold prices are $1,229.60 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.) Loss Profit b. Settle Chg Open interest 672 2.6480 2.6535 -0.0125 -0.0130 120,434 Contract Open High hilo Low Copper-High (CMX)-25,000 lbs; $ per lb. Feb 2.6735 2.6735 2.6715 March 2.6660 2.6765 2.6410 Gold (CMX)-100 troy oz; $ per troy oz. Feb 1239.40 1243-50 1226.90 April 1242.70 1246.20 1226.10 June 1246.10 1249.00 1230.00 Aug 1250.10 1252.00 1235.10 Dec 1254.00 1256.90 1239.00 June'18 1266.00 1266.00 1254.80 -2.50 1,387 -2.70 288,888 63,531 -2.70 1235.10 1236.80 1240.00 1243.10 1249.20 1259.00 -2.80 18,296 29,516 -2.70 -2.50 4,419