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613 Mau traders have negotiated a forward contract to sell poultry in 90 days' time to Lamu farmers. The locked price has been set at

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613 Mau traders have negotiated a forward contract to sell poultry in 90 days' time to Lamu farmers. The locked price has been set at Ksh 500 per piece. 1.000 chicken will be delivered per the contract terms Details of the contract when the underlying assets are delivered are presented below Locked price 90 days prices in Ksh Amount of loss or in Comment in orator in Ksh when 1,000 out of the money? pieces delivered Ksh 500 325 Ksh 500 Kih 300 423 Ksh 300 5:40 kih 300 280 Ksh 500 450 Ksh 500 580 Rih 300 509 Kali 500 398 Ksh 500 500 Required Draw and fill the diagram appropriately (10 Marks) c) With the help of three simple diagrams, define and explain how Multinational Corporations may execute swap contracts (10 Marks)

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