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\mathrm{.}3983=1\mathrm{.}00,$ what is the value of her position?

b$.$ If Tony sells $12$ March pound futures, and the spot rate at maturity is $$1\mathrm{.}4563=1\mathrm{.}00,$ what is the value of her position?

c$.$ If Tony buys $3$ March pound futures, and the spot rate at maturity is $$1\mathrm{.}4563=1\mathrm{.}00,$ what is the value of her position?

d$.$ If Tony sells $12$ June pound futures, and the spot rate at maturity is $$1\mathrm{.}3983=1\mathrm{.}00,$ what is the value of her position?

a$.$ If Tony buys $5$ June pound futures, and the spot rate at maturity is $$\frac{1\mathrm{.}3983}{},$ 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, $)$

Contract $=62,500$

$\backslash$table$[[$Maturity$,$Open,High,Low,Settle,Change,High,Open Interest$],[$March$,1\mathrm{.}4246,1\mathrm{.}4268,1\mathrm{.}4214,1\mathrm{.}4228,0\mathrm{.}0032,1\mathrm{.}4700,25,605],[$June$,1\mathrm{.}4164,1\mathrm{.}4188,1\mathrm{.}4146,1\mathrm{.}4162,0\mathrm{.}0030,1\mathrm{.}4550,809]]$