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Please answer the question below based on the closing spot and the July futures contract prices for euros for four consecutive days in March 20XX. No calculations are necessary. Date 3/01 3/02 3/03 3/04 Euro Spot Price $1.1585 $1.1589 $1.1584 $1.1593 July euro Futures Contract Price $1.1850 $1.1812 $1.1823 $1.1820 If a person sold euro futures on then he/she will post a profit on 3/01; 3/02 then he/she will post a profit on If a person bought euro futures on 3/02; 3/03 on 3/03: Based on the closing price on 3/04, you should have taken a short position on 3/02: Based on the closing price on 3/03, you should have taken a long position Please answer the question below based on the closing spot and the July futures contract prices for euros for four consecutive days in March 20XX. No calculations are necessary. Date 3/01 3/02 3/03 3/04 Euro Spot Price $1.1585 $1.1589 $1.1584 $1.1593 July euro Futures Contract Price $1.1850 $1.1812 $1.1823 $1.1820 If a person sold euro futures on then he/she will post a profit on 3/01; 3/02 then he/she will post a profit on If a person bought euro futures on 3/02; 3/03 on 3/03: Based on the closing price on 3/04, you should have taken a short position on 3/02: Based on the closing price on 3/03, you should have taken a long position