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Amber sells a June futures contract to John and locks in the right to sell 500,000 Mexican pesos at $0.050/Ps (peso). If the spot exchange

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Amber sells a June futures contract to John and locks in the right to sell 500,000 Mexican pesos at $0.050/Ps (peso). If the spot exchange rate at maturity is $0.055/Ps, the value of Amber's position on settlement is how much? And the value of John's position as a buyer of the futures contract is how much? For the toolbar, press ALT+F 10 (PC) or ALT+FN+F10 (Mac). BI V f Paragraph Arial 10pt V 111 > iii > A 1

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