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 Spot GAIN?? Spot LOSS?? 5. Buying the 4 m. Pesos at SPOT on May 15 (if did not hedge) versus Spot value on Apr.9 results in a GAIN?? OR LOSS?? in the Spot market for your US firm