The May 20, 2022 futures price for silver was $7.35/oz. The May 20, 2022 the spot price is $7.40/oz. Each contract is for 5,000 ounces of silver.

	a.	The short side of one futures contract will have a gain of $250 in the futures market.
	b.	The short side of one futures contract will have a loss of $250 in the futures market.
	c.	The short side of one futures contract will have a gain of $0 in the futures market.
	d.	The short side of the contract has fixed the price at which silver is sold.
	e.	Both b and d