Consider a calendar spread that is long, the two$-$year forward contract, and short the one$-$year forward contract on a physical commodity with a spot price of $$100.$ Assume that the number of contracts in the long position equals the number of contracts in the short position. The trader puts on a spread in anticipation that storage costs, c$,$ will rise. Assume that the forward prices, F$,$ adhere to the equation F $=$ Se$($r$+$c$-$y$)$T and that r $=2\%,$ c $=3\%$ and y $=5\%.$ Note that these values were chosen for the simplicity that r $+$ c$-$ y $=0\%$ so that the forward price is equal to the spot price, S$.$ Note that if the spot price changes, the futures price does not change in this case. However, if storage costs reflected in c rise from $3\%$ to $8\mathrm{.}9\%,$ what would be the net profit or loss to the trader? $[2$ decimal places, e$.$g$.,4\mathrm{.}81$ for $$4\mathrm{.}81]$