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1. need answers for a,b,c,d Tony Begay at Saguaro Funds. Torry Begay, a currency trader for Chicago-based Saguaro Funds, uses the following futures quotes, on
1. need answers for a,b,c,d
Tony Begay at Saguaro Funds. Torry Begay, a currency trader for Chicago-based Saguaro Funds, uses the following futures quotes, on the British pound ( f ) to speculate on the value of the pound. b. If Tony sells 12 March pound futures, and the spot rate at maturity is $1.4563N, what is the value of her position? c. If Tony buys 3 March pound futures, and the spot rate at maturity is $1.4563/2, what is the value of her position? a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3975/2, what is the value of her position? The value of Torny's position is 5 (Round to the nearest cent. Use a minus sign If value is negathe) Data table (Click on the icon to import the table into a spreadsheet.) Step by Step Solution
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