2. Jamie Rodriguez, a currency trader for Chicago-based Ventosa Investments, uses the following futures quotes on the British pound () to speculate on the value of the pound. British Pound Futures, US$/pound Contract = 62,500 (CME) pounds Open Maturity Open High Low Settle Change High Interest March 1.4246 1.4268 1.4214 1.4228 0.0032 1.4700 25,605 June 1.4164 1.4188 1.4146 1.4162 0.0030 1.4550 8091 a) If Jaime buys 5 June pound futures, and the spot rate at maturity is $1.3980/, what is the value of her position? b) If Jamie sells 12 March pound futures, and the spot rate at maturity is $1.4560/, what is the value of her position? c) If Jamie buys 3 March pound futures, and the spot rate at maturity is $1.4560/, what is the value of her position? d) If Jamie sells 12 June pound futures, and the spot rate at maturity is $1.3980/, what is the value of her position