Question: Suppose you sell five March 2012 silver futures contracts on November 22, 2011, at the last price of the day. What will your profit or

Suppose you sell five March 2012 silver futures contracts on November 22, 2011, at the last price of the day. What will your profit or loss be if silver prices turn out to be $31.39 per ounce at expiration? What if silver prices are $30.86 per ounce at expiration?

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