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Tony Begay at Saguaro Funds. Tony Begy, a currency trader for Chicago-based Saguaro Funds, uses the following futures Quotes, on the British pound () lo

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Tony Begay at Saguaro Funds. Tony Begy, a currency trader for Chicago-based Saguaro Funds, uses the following futures Quotes, on the British pound () lo speculate on the value of the pound af Tony buys 5 June pound futures, and the spot rate a maturity is $1.3977, what is the value of her position? b. 1 Tony sells 12 March pound futures, and the spot rate at maturity is $14565, what is the value of her position? c. Tony buys 3 March pound futures, and the spot rate a maturity is $1.4555/, what is the value of her position? d. Tony solis 12 June pound futures, and the spot rate at maturity is $1.39777, what is the value of her position? a Tony buys 5 June pound futures, and the spot rate at maturity is $1.39777, what is the value of her position? The value of Tony's position is (Round to the nearest cent. Use a minus sign if value is negative) Enter your answer in the answer box and then click Check Answer 3 remaining Clear All Check QWERTYUIOP JASPOOHOKOA MOILU l amu AEEGIC with molus hacenian Sa and and Data Table and Rou (Click on the icon to import the table into a spreadsheet.) British Pound Futures, US$/pound (CME) Maturity Open High Low Settle March 1.4246 1.4268 1.42141.4228 June 1.4164 1.4188 1.4146 1.4162 Change 0.0032 0.0030 Contract = 62,500 pounds High Open Interest 1.4700 25,605 1.4550 809 Print Done box and then click Check Answer. Clear All

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