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Using Figure 14.1: You are long 75 July 2019 cotton futures contracts. Calculate your dollar profit or loss from this trading day. (A negative value

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Using Figure 14.1: You are long 75 July 2019 cotton futures contracts. Calculate your dollar profit or loss from this trading day. (A negative value should be indicated by a minus sign. Do not round intermediate calculations.) Gain/Loss of pen est Settle Chg Open Interest 264 Contract Open High hilo Low Cotton (ICE-US)-50,000 lbs., cents per lb. May 78.18 78.35 77.32 July 78.73 78.84 78.09 Orange Juice (ICE-US)-15,000 lbs., cents per lb. May 108.90 109.80 108.20 July 113.70 114.35 111.85 345 77.62 78.46 -.47 -01 325 51,151 81,051 311 69 080 108.60 -.80 112.20-1.95 10,496 7,078

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