Futures Quotes Refer to Table 25.2 in the text to answer this question. Suppose you purchase a May 2018 cocoa futures contract on March 27, 2018, at the last price of the day. What will your profit or...

Futures Quotes Refer to Table 25.2 in the text to answer this question. Suppose you purchase a May 2018 cocoa futures contract on March 27, 2018, at the last price of the day. What will your profit or loss be if cocoa prices turn out to be $2,681 per metric ton at expiration?