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( mark - to - market ) You enter a long position in a future contract with the size of 1 2 5 , 0

(mark-to-market) You enter a long position in a future contract with the size of 125,000
today. The futures expire in 90 days. The interest rates are i$=6% and ilon=3.3%. The current
spot rate is $1.38. Assume 360 days a year. If the spot rate is $1.43 the next day and
interest rates remain the same, your profit or loss for this day is $.
(Keep the sign
and two decimal places.)
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