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 $1.3980/, what is the value of her position?

b. If Tony sells 12 March pound futures, and the spot rate at maturity is $1.4560/, what is the value of her position?

c. If Tony buys 3 March pound futures, and the spot rate at maturity is $1.4560/, what is the value of her position?

d. If Tony sells 12 June pound futures, and the spot rate at maturity is $1.3980/, what is the value of her position?

a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3980/, 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.)

on the British pound () to Tony Begay at Saguaro Funds. Tony Begay, a currency trader for Chicago-based Saguaro Funds, uses the following futures quotes, speculate on the value of the pound. a. It Tony buys 5 June pound futures, and the spot rate at maturity is $1.3980/, what is the value of her position? b. If Tony sells 12 March pound futures, and the spot rate at matunty is $14560/, what is the value of her position? c. It Tony buys 3 March pound futures, and the spot rate at maturity is $145601, what is the value of her position? d. If Tony sells 12 June pound futures, and the spot rate at maturity is $1.3980/, what is the value of her position? a. If Tony buys 5 June pound futures, and the spot rate at maturity is $1.3980/, what is the value of her position? The value of Tony's position is $(Round to the nearest cont. Use a minus sign il value is negative.) Data Table (Click on the icon to import the table into a spreadsheet.) British Pound Futures, US$/pound (CME) Maturity Open High Low March 1.4246 1.4268 1.4214 June 1.4164 1.4188 1.4146 Settle 1.4228 1.4162 Change 0.0032 0.0030 Contract = 62,500 pounds High Open Interest 1.4700 25,605 1,4550 809 Print Done