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You shorted 15 March 2016 British pound futures contracts at the high price for the day. Looking back at Figure 14.1, if you closed your

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You shorted 15 March 2016 British pound futures contracts at the high price for the day. Looking back at Figure 14.1, if you closed your position at the settle price on this day, what was your profit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Profit British Pound (CME) - 62,500; $ per 1.5050 1.5124 1.5038 March'16 1.5059 1.5127 1.5059 Dec 1.5109 1.5114 .0073 .0076 164,637 1,511

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