Refer to Table 25.2 in the text to answer this question. Suppose you sell five March 2021

Question:

Refer to Table 25.2 in the text to answer this question. Suppose you sell five March 2021 silver futures contracts on December 4, 2020, at the last price of the day. What will your profit or loss be if silver prices turn out to be $24.83 per ounce at expiration? What if silver prices are $23.16 per ounce at expiration?
Futures Contracts Metal & Petroleum Futures Contract Open High hilo Low Copper-High (CMX) 25,000 lbs:$perlb Corn (CBT)-5,000 Dec Agriculture Futures bu, conts per bu 423.25 427.50 419.25 March 21 424.00 Oats Contract Open High hilo Coffee (CE-US)-37.500 lbs.cents per b 117.65 Dec 117.65 117.65 117.45 March 21 119.65 Currency Futures Japanese Yen (CME) X12.500,000;$ per 100% Dec .9578 9647 March 21 9589 9661 Canadian Dollar