The graph below shows the market observed price movements of the ASX200 from mid-July 2022 to mid-August 2022. The graph is relevant to answer the question below In mid-July 2021, an asset manager had a portfolio worth $3mil, and the portfolio was structured to mimic the ASX. August-maturity SPI200 futures contracts were priced at around 6900 , and the high inflation puts on pressure on the overall market performance. The asset manager took a short position in the August maturity SPI200 in late July 2022, and she held both the portfolio and the SPI200 futures until maturity in mid-August 2022. Which of the following was the most likely outcome for the asset manager in mid-August 2022? Select one alternative: She suffered a loss from her portfolio and also a loss after closing out the futures contract. She suffered a loss from her portfolio but made a gain after closing out the futures contract. She made a gain from her portfolio and also a gain after closing out the futures contract. She made a gain from her portfolio but suffered a loss after closing out the futures contract