You enter a long position in a future contract with the size of 125,000 today. The futures expire in 90 days. The interest rates are i_$=2% and i=4%. The current spot rate is $1.38/. Assume 360 days a year. If the spot rate is $1.43/ the next day and interest rates remain the same, How much is your profit or loss for this day?

Select one:

a. -$3974.78

b. $3974.78

c. $6228.80

d. $6250

e. -$6228.80