Jabil Co. purchases a futures contract specifying FJ\$645,000 with the June settlement date. This futures contract is priced at $0.46/FJ$. On February 1 st, Jabil realizes that it has no need for NZ $ in June. It thus sells a futures contract specifying FJ $645,000 with the June settlement date. This futures contract is priced at $0.43/FJ$. What is the result of these transactions to Jabil Co.? Jabil Co. incurs a loss of FJ $19,350. Jabil Co. incurs a loss of $19,350. Jabil Co. incurs $ profit of $19,350. Jabil Co. incurs a profit of FJ $19,350. Assume that a bank's bid rate on Colombian peso is $0.00020 and its ask rate is $0.00021. Its bid-ask percentage spread is: About 10.00%. About 5.00\%. About 4.76\%. About 6.25\%