Your utility company will need to buy 100,000 barels of oil in 10 days' time, and it is wonted about fuel costs. Suppose you go long (buy) 100 of futures contracts, each for 1000 barrels of oil, at the cument futures price of $59.97 per band Suppose futures prices change each day as follows a What is the marking-to-market profit or loss (in dollars) that you will have on each date? b. What is your total profit or loss after 10 days? Have you been protected against a rise in oil prices? c. What is the largest cumulative loss you will experience over the 10-day period? In what case might this be a problem? a What is the marking-to-market profit or loss (in dollars) that you will have on each date? (Round the price change to the nearest cent and the profisloss to the nearest dollar) Day Price Price Change Profit Loss 0 $ 59.97 $ 59405