Help Save & Exit Submit Suppose that a trader takes a position in a British pound futures contract at 0.700/$1. A British pound contract size is 100.000. According to IRP, the trader expects that the spot rate at maturity of the contract will be o7143/$1. The trader has no underlying position in British pounds. Assumling that the trader holds his position until the last day of trading, the strategy that is most likely to yield a profit is to: Multiple Choice go long in the spot market and go long with a futures contract It is not possible to answer this question without first marking to market go long in the spot market and go short with a futures contract go short in the spot market and go long with a futures contract go short in the spot market and go short with a futures contract Next 36 of 50