(Solved): Tony Begay at Saguaro Funds. Tony Begay, a currency trader for Chicago-based Saguaro Funds, uses th ...

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 \( \$ 1.3981 / £ \), what is the value of her position? b. If Tony sells 12 March pound futures, and the spot rate at maturity is \( \$ 1.4556 / \mathcal{E} \), what is the value of her position? c. If Tony buys 3 March pound futures, and the spot rate at maturity is \( \$ 1.4556 / £ \), what is the value of her position? d. If Tony sells 12 June pound futures, and the spot rate at maturity is \( \$ 1.3981 / £ \), what is the value of her position? (Click on the icon \( \square \) to import the table into a spreadsheet.)