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Angela is a currency trader in United Bank of El Paso. The following quotes are available to her: British Pound Futures, US$/pound (CME) Contract =

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Angela is a currency trader in United Bank of El Paso. The following quotes are available to her: British Pound Futures, US$/pound (CME) Contract = 62,500 pounds March June Open High Low Settle 1.4246 1.4268 1.4214 1.4228 1.4164 1.4188 1.4146 1.4162 Change Open Interest 0.0032 25605 0.003 809 Angela buys 10 March contracts. If the spot rate at maturity is $1.4875/. What will be her profit? $40,437.5 -$40,437.5 40,437.5 -40,437.5

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