You have purchased a futures contract for euros. The contract is for $125,000$ euros, and the quote was $$\frac{1\mathrm{.}0317}{}.$ On the delivery date, the

exchange quote is $$\frac{0\mathrm{.}9804}{}.$ Assuming you took delivery of the euros, how many dollars would you have after converting back to dollars? What

is your profit or loss $($before commissions$)?$

After converting the euros back to dollars, you would have $

$($Round to the nearest cent.$)$

Your profit or loss $($before commissions$)$ is $

$($Round to the nearest cent. Enter a positive number for a gain or a negative number for a loss.$)$