Question: Please help with questions 1 & 2 using the provided information :) Refer to the following information for Questions 1 and 2. At 8 :00am,

Please help with questions 1 & 2 using the provided information :)

Please help with questions 1 & 2 using the provided information :)

Refer to the following information for Questions 1 and 2. At 8 :00am, March 4, 2019, the spot exchange rate between the US. dollar and the Euro was $1.134 per Euro. At the same time the CME Euro futures price was $1.137 per Euro. Suppose you bought one Euro futures contract at this price. The closing price of the Euro futures on March 7, 2019 was $112175 per Euro. 1. Did your position gain or lose value from March 4 to March 7, 2019 P a. Gain. b. Lose. 2. How much did the value of your contract position change from March 4 to March 7, 2019? Your answer: . (Keep two decimals; Do not include currency symbols in your answer; Do include the EC '7' negative sign, In your answer if your answer is a negative number)

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