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nceLab Homework Part 1 of 4 Tony Begay at Saguaro Funds. Tony Begay, a currency trader for Chicago-based Saguaro Funds, uses the following futures

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nceLab Homework Part 1 of 4 Tony Begay at Saguaro Funds. Tony Begay, a currency trader for Chicago-based Saguaro Funds, uses the following futures quotes, pound. a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3975 = 1.00, what is the value of her position? b. If Tony sells 12 March pound futures, and the spot rate at maturity is $1.4558 = 1.00, what is the value of her position? c. If Tony buys 3 March pound futures, and the spot rate at maturity is $1.4558 = 1.00, what is the value of her position? d. If Tony sells 12 June pound futures, and the spot rate at maturity is $1.3975 = 1.00, what is the value of her position? a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3975/, what is the value of her position? (Round to the nearest cent. Use a minus sign if value is negative.) The value of Tony's position is $ Data table (Click on the following icon in order to copy its contents into a spreadsheet.) British Pound Futures, $ = 1.00 (CME) Maturity March Contract = 62,500 Open High 1.4246 1.4268 Low 1.4214 Settle Change 0.0032 1.4228 High 1.4700 Open Interest 25,605 June 1.4164 1.4188 1.4146 1.4162 0.0030 1.4550 809 Print Done - , on the British pound () to speculate on the value of the Check answer

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