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. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3977 = 1.00, what is the value of her position? b. If Tony sells 12 March pound futures, and the spot rate at maturity is $1.4557 = 1.00, what is the value of her position? c. If Tony buys 3 March pound futures, and the spot rate at maturity is $1.4557 = 1.00, what is the value of her position? d. If Tony sells 12 June pound futures, and the spot rate at maturity is $1.3977 = 1.00, what is the value of her position? a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3977/, what is the value of her position? The value of Tony's position is $ - 5781.25. (Round to the nearest cent. Use a minus sign if value is negative.) b. If Tony sells 12 March pound futures, and the spot rate at maturity is $1.4557/, 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) Contract = 62,500 Maturity March June Open 1.4246 1.4164 High Low 1.4268 1.4214 1.4188 1.4146 Settle Change High 1.4228 0.0032 1.4700 1.4162 0.0030 1.4550 Open Interest 25,605 809 Print Done