1. You live in Uzbekistan and your revenues are in the form of so'm. You have an debt obligation of $1,000,000 due in 30 days. The current spot rate is e^so'm/$ = 10,507. There are a variety of potential spot rates 30 days in the future with different people holding different views. The table below shows these views and the weights they have.

Pr( #) = 45% 10% 25% 20% eso'm/$ Spot in 30 Days = 10,535 so'm 10,510 som 10,500 so'm 10,516 so'm