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The contract size for platinum futures is 50 troy ounces. Suppose the current futures price is $2,025 per ounce. (a) (0.5 point) Suppose you buy

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The contract size for platinum futures is 50 troy ounces. Suppose the current futures price is $2,025 per ounce. (a) (0.5 point) Suppose you buy 600 troy ounces of platinum What is your dollar profit if platinum sells for $1,980 a troy ounce when the futures contract expires? (b) (0.5 point) Suppose you sell 600 troy ounces of platinum. What is your dollar profit if platinum sells for $2,055 a troy ounce when the futures contract expires? Paragraph BI 66 Path: P

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