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{.}3976=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{.}4558=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{.}4558=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{.}3976=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{.}3976}{},$ 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\mathrm{.}00($CME$)$

Contract $=62,500$