Question: (mark-to-market) You enter a short position in a future contract with the size of 125,000 today. The futures expire in 90 days. The interest rates

(mark-to-market) You enter a short position in a future contract with the size of 125,000 today. The futures expire in 90 days. The interest rates are i_$=3.0% and i=3.4%. The current spot rate is $1.38/. Assume 360 days a year. If the spot rate is $1.37/ the next day and interest rates remain the same, your profit or loss for this day is $_____________. (Keep the sign and two decimal places.)

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