JUNE FUTURES PRICE, $/Peso (Black line) Daily Peso SPOT Price (RED Dash) $0.0460 $0.0450 $0.0440 DATE May.1 May.4 May 5 May.6 May.7 May.11 May.12 May.13 May.14 May. 15 May.18 May 19 May.20 May.21 May 22 May.26 May.27 May.28 May.29 Jun.2 Jun 3 Jun.4 Jun 5 Jun.8 Jun.9 Jun. 10 Jun.11 Jun. 12 JUNE Mx PESO Futures Spot Price Price by date $ 0.0402 $ 0.0406 0.04099 0.0415 0.04159 0.0416 0.04095 0.041 0.0413 0.0416 0.04158 0.0418 0.0411 0.041 0.04083 0.0413 0.0414 0.0419 0.04148 0.0417 0.04196 0.0421 0.04177 0.04223 0.04317 0.04310 0.04346 0.0437 0.04381 0.044 0.04492 0.04504 0.04472 0.04483 0.04499 0.04503 0.04496 0.0451 0.04588 0.0459 0.04586 0.0459 0.04568 0.0456 0.04616 0.0463 0.046291 0.046513 0.0457 0.0456 0.04575 0.0457 0.04398 0.04394 0.04473 0.045 $0.0430 $0.0420 $0.0410 $0.0400 May 1 May.4 May 5 May.6 May.7 May. 11 May.12 May.13 May.14 May.15 May.18 May.19 May.20 May.21 May.22 May.26 May.27 May 28 May.29 Jun.2 Jun.3 Jun.4 Jun.5 Jun. Jun.8 Jun.9 Jun. 10 un IT'un Jun. 12 9. If you started a Futures hedge on May 7, calculate the total $ amount of Futures GAIN?/LOSS? as of June 9. Show GAIN as " +$", LOSS as "$" 10. Calculate your total $ NET Gain?/Loss? by combining the June 9 Spot Gain?/Loss? with the June 9 Futures Gain?/Loss?. Show GAIN as " +$", LOSS as "-$ "This is the net result for your firm from usingthe correct Futures hedge for 10 m. Peso on May 7 GENERAL: A proper hedge will combine a Spot Gain with Futs Loss, or a Spot Loss with Futs Gain