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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

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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 $1.3979/E, what is the value of her position? b. If Tony sells 12 March pound futures, and the spot rate at maturity is $1.4558/E, what is the value of her position? c. If Tony buys 3 March pound futures, and the spot rate at maturity is $1.4558/E, what is the value of her position? d. If Tony sells 12 June pound futures, and the spot rate at maturity is $1.3979/E, what is the value of her position? a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3979/E, what is the value of her position? The value of Tony's position is s 618,745.488 (Round to the nearest cent. Use a minus sign if value is negative.) (Click on the iconto import the table into a spreadsheet.) British Pound Futures, US$/pound (CME) Maturity Open High LowSettleChangeHigh March June Contract- 62,500 pounds Open Interest 25,605 1.4246 1.41641.4188 4146 1.41620.0030 14550 1.4268 1.42141.4228 0.0032 1.4700 809 Print Done

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