4. (4 pts) Today is Oct. 1. The current direct spot rate on the EUR is $1.105 ($1.105/1EUR) and the June 2020 Futures contract on the EUR is available for $1.112, One futures contract on the EURO is for 125,000 Euros and the contract expires on June 15th). What will the June 2020 futures price be on Dec. 15th 2019, (Hint: there are 180 days between Dec. 15th and June 15th) if the spot price on the Euro moves to $1.15/1 EUR on Dec. 15th? Assume the June Euro futures contract will be selling at an annualized forward premium of 1.8% on Dec 15th. Hint: F = 5*(1+p) 4. (4 pts) Today is Oct. 1. The current direct spot rate on the EUR is $1.105 ($1.105/1EUR) and the June 2020 Futures contract on the EUR is available for $1.112, One futures contract on the EURO is for 125,000 Euros and the contract expires on June 15th). What will the June 2020 futures price be on Dec. 15th 2019, (Hint: there are 180 days between Dec. 15th and June 15th) if the spot price on the Euro moves to $1.15/1 EUR on Dec. 15th? Assume the June Euro futures contract will be selling at an annualized forward premium of 1.8% on Dec 15th. Hint: F = 5*(1+p)