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4 . [ 5 ] You noticed that a November 2 0 2 2 Mexican peso futures contract has a price of $ 0 .
You noticed that a November Mexican peso futures contract has a price of $ per MXN You believe the spot price in November will be $ per MXN What speculative futures position would you enter to attempt to profit from your beliefs? What would your anticipated profits per unit of MXN be if you held the contract until expiration? If the spot price in November is indeed what would be your profitloss per unit of MXN be if you held the contract until expiration?
Do again, assuming you believe the November spot price will be $ per MXN
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