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Test wuteon FOIP Tony Begay at Saguaro Funds. Tony Begay, a currency trader for Chicago-based Saguaro Funds, uses the following futures quotes on the British

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Test wuteon FOIP Tony Begay at Saguaro Funds. Tony Begay, a currency trader for Chicago-based Saguaro Funds, uses the following futures quotes on the British pound () to speculate on the value of the pound a. Tony buys 5 June pound futures, and the spot rate at maturity is $1.3984/E, what is the value of her position? b. I Tony sells 12 March pound futures, and the spot rate at maturity is $1.4558/, what is the value of her position? c. If Tony buys 3 March pound futures, and the spot rate at maturity is $1.4556/E, what is the value of her position? d. It Tony sells 12 June pound futures, and the spot rate at maturity is $1,3984/, what is the value of her position? Data Table (Click on the icon to import the table into a spreadsheet.) British Pound Futures, US Sipound (CME) Maturity Open High Settle March 14245 1.4260 1.4214 14228 June 1 4164 1.4188 14140 1.4162 Low Change 0.0032 0.0030 Contract = 62,500 pounds High Open Interest 1.4700 25,605 14550 809 Print Done Check Anan This course COBAL FINANCIAL ANALYSIS Song 2017 is based on tema Stone Moffet: Multinational business Finance 15e

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