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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 ()

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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 matunty is $1.3981/E, what is the value of her position? b. If Tony sells 12 March pound futures, and the spot rate at maturity is $1.4555/E, what is the value of her position? c. If Tony buys 3 March pound futures, and the spot rate at maturity is $1.4555/E, what is the value of her position? d. If Tony sells 12 June pound futures, and the spot rate at maturity is $1.3981/E, what is the value of her position? a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3981/E, 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) Help m Data table (Click on the icon to import the table into a spreadsheet) British Pound Futures, US$/pound (CME) Contract 62,500 pounds Maturity Open High March 14246 1.4268 June 14164 14158 Low Settle Change 14214 14228 0.0032 14140 14162 00030 High 1.4700 1.4550 Open Interest 25,605 800 Print Done Check answer

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