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5 points Emmet sells ten june futures contracts for 500,000 pesos (Ps) at the closing price quoted in the table below. What is the value

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5 points Emmet sells ten june futures contracts for 500,000 pesos (Ps) at the closing price quoted in the table below. What is the value of this position at maturity at the ending, $0.1200/Ps? Please show your work Samar Maturity Open March 0.1095 June 0.1079 September 0.1062 T TT Arial 0.1096 0.1080 0.1062 Low Settle Open Interest 0.1093 0.1096 34,481 0.1078 0.1077 3,405 0.1061 0.1057 1,481 T - - - 3 (12pt)

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