9. (15 points) The following table shows data about futures on Swiss franc (fr) traded on the Chicago Mercantile Exchange (CME). The rates in the table (are in terms of $/frand) were recorded several hours before the expiration of the September contracts (i.. on the day of maturity, carlier that day). Each contract is for 125,000 Swiss franc, and is deliverable. Last Change Prior Bettle Open High Low Volume Hi/Low Limit SEP 2010 1.0004 0.0018 10076 1.0072 1012210066 45.656 0476/0.9670 DEC 2010 10171 -0.001610156 1.0149 10200 1014 29.510 1.0565/0.9756 MAR 2020 1.0228 0.001110230 10220 10228 1.0228 110630/09630 JUN 2020 1.0300 -0.0011 10311 10300 103000300 110711/0 9911 A trader took a short position in Swiss franc by selling ten Sep-2019 futures (at the last traded price shown in the table) and held the position until the expiration later that day. (a) What are the incoming and outgoing cash flows? (include amounts and currencies for each cash flow) (b) Calculate the Profit/Loss if by the end of the day, the spot rate at maturity turns out to be $1.005/fr. garlier that day). Each contract is for 125,000 Swiss franc, and is deliverable. Done vull LTE 1 Month Lam Change Prior Settle Open High Volume / Low Lime SEP 2019 1.2004 - 001 10076 10072 1012210066 43.656 0476/0076 DEC 2010 10171 -0.001610155 10149 10200 101 29.510 10555 756 Expert Q&A MAR 2020 1028 0.0011 10959 1020 1022 10220 #1069 / 0903 JUN 2020 103000011 10311 10300 100 000 110711/01 6:274 sht position in Swiss franc by selling ten Sep-2019 futures (at the last traded price show garlier that day). Each contract is for 125,000 Swiss franc, and is deliverable. Done vull LTE 1 Month Lam Change Prior Settle Open High Volume / Low Lime SEP 2019 1.2004 - 001 10076 10072 1012210066 43.656 0476/0076 DEC 2010 10171 -0.001610155 10149 10200 101 29.510 10555 756 Expert Q&A MAR 2020 1028 0.0011 10959 1020 1022 10220 #1069 / 0903 JUN 2020 103000011 10311 10300 100 000 110711/01 6:274 sht position in Swiss franc by selling ten Sep-2019 futures (at the last traded price show