Problem 7-1 (algorithmic) Question Help Tony Begay at Saguaro Punds. Tony Begay, a currency trader for Chicago based Saguaro Funds, use the following futures quotes on the British pound () to speculate on the value of the pound a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.398VE, what is the value of her position? b. If Torysolis 12 March pound futures, and the spot rate a maturity is $14500, what is the value of her position? c. Tony buys 3 March pound futures, and the spot rate at maturity is $145 , what is the value of her position? d. Tony sells 12 June pound Mures, and the spot rate at maturity is $1.398 , what is the value of her position? a. If Tony buy 6 June pound futures, and the spot rate at maturity $13VE, what is the value of her position? The value of Tom's position is Round to the nearest cont. Use a minus signif value is negative) Enter your answer in the answer box and then click Check Answer 3 3 parts CA ity is $13983/8, what is the value of her positi i Data Table (Click on the icon to import the table into a spreadsheet.) British Pound Futures, US$/pound (CME) Maturity Open H igh Low Settle March 1.42461.4268 1.42141.4228 June 1.4164 1.4188 1.4146 1.4162 Change 0.0032 0.0030 Contract = 62,500 pounds High Open Interest 1.4700 25,605 1.4550 809 Print Done