JUNE FUTURES PRICE, S/Peso (BLUE) Daily Peso SPOT Price (RED) 0.0435 $0.0430 $0.0425 50.0420 DATE Apr. 8 (Apr. 9 Apr. 10 Apr. is Apr. 16 Apr. 17 Apr. 20 Apr. 21 Apr. 22 Apr. 24 Apr. 27 Apr. 28 Apr. 29 Apr. 30 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 JUNE MX PESO Futures Spot Price Price by date $ 0.0413 $ 0.0416 0.04198 0.0425 0.0417 0.0422 0.04122 0.0416 0.04093 0.0416 0.04166 0.0421 0.04096 0.0416 0.04046 0.041 0.04034 0.0409 0.03959 0.04002 0.04003 0.0405 0.04088 0.0412 0.0417 0.0421 0.04133 0.0414 0.04023 0.0406 0.04099 0.0415 0.04159 0.0416 0.04095 0.041 0.0413 0.0416 0.04158 0.0418 00411 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 30.0415 mm mas 50.0410 $0.0405 $0.0400 $0.0395 Apr 16 Apr. 17 Apr. 10 Apr. 15 Apr Apr. 20 Apr. 21 Apr 22 Apr 29 Apr. 27 Apr. 28 May May 1 May 19 May 20 May 18 May. 14 May May 13 May 11 May 12 May Apr. 30 Marys May $ 6 Calculate the total SPOT $ amount of GAIN?/LOSS? if did not hedge with Futures. Show GAIN as " + "$, LOSS as "-"$ $ $ 7. What is the total $ value of 4 m. Pesos at the May 20 futures price? 8. A Futures hedge started on Apr.8, AS OF MAY 20 results in a futures GAIN?? OR LOSS?? Fut. GAIN? Fut. LOSS? $ 9. If you hedged with Futures on Apr.8, calculate the total $ amount of Futures GAIN?/LOSS? as of May 20. Show GAIN as " + "S, LOSS as "-"S $ $ 10. Calculate your total $ NET Gain?/Loss? by combining the May 20 Spot Gain?/Loss? with the May 20 Futures Gain?/Loss?. Show GAIN as " + "$, LOSS as "-"S This is the net result for your firm from using Futures hedge for selling 4 m. Peso on May 20 GENERAL: A proper hedge will combine a Spot Gain with Futs Loss, or a Spot Loss with Futs Gain