Q2. Write your calculations please. (20 points) VXX is the lx vix futures ETF. ETF UVXY manages leverage of +1.5x of vix futures ETF (a leveraged fund, long 150% of AUM). You can view UVXY as holding 150% of its asset value VXX a. Below is the price path for VXX, the lx long etf. Fill in the blanks, including the calculation (3 points) Day Price for unleyered VXX Daily Return 0 100 1 150 2 75 3 100 NA c. What is the daily position in the un-levered ETF and cash post rebalancing? (4 points) Day Position in unlevered ETF VXX Position in cash 0 150 -50 2. What is the rebalancing trade in dollar terms? (4 points) 0 Day Rebal Trade in ETF VXX 150 Change in Cash -50 Q2. Write your calculations please. (20 points) VXX is the lx vix futures ETF. ETF UVXY manages leverage of +1.5x of vix futures ETF (a leveraged fund, long 150% of AUM). You can view UVXY as holding 150% of its asset value VXX a. Below is the price path for VXX, the lx long etf. Fill in the blanks, including the calculation (3 points) Day Price for unleyered VXX Daily Return 0 100 1 150 2 75 3 100 NA c. What is the daily position in the un-levered ETF and cash post rebalancing? (4 points) Day Position in unlevered ETF VXX Position in cash 0 150 -50 2. What is the rebalancing trade in dollar terms? (4 points) 0 Day Rebal Trade in ETF VXX 150 Change in Cash -50