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pound. a . If Tony buys 5 June pound futures, and the spot rate at maturity is $ 1 . 3 9 8 2 =

pound.
a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3982=1.00, what is the value of her position?
b. If Tony sells 12 March pound futures, and the spot rate at maturity is $1.4561=1.00, what is the value of her position?
c. If Tony buys 3 March pound futures, and the spot rate at maturity is $1.4561=1.00, what is the value of her position?
d. If Tony sells 12 June pound futures, and the spot rate at maturity is $1.3982=1.00, what is the value of her position?
a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3982, what is the value of her position?
The value of Tony's position is $,(Round to the nearest cent. Use a minus sign if value is negative.)
Data table
(Click on the following icon in order to copy its contents into a spreadsheet.)
British Pound Futures, $=$1.00(CME)
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