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Laura Cervantes. Laura Cervantes is a currency speculator and she sells eight June futures contracts for 500,000 pesos at the closing pric quoted here: a.

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Laura Cervantes. Laura Cervantes is a currency speculator and she sells eight June futures contracts for 500,000 pesos at the closing pric quoted here: a. What is the value of her position at maturity if the ending spot rate is \$0.12006/Ps? b. What is the value of her position at maturity if the ending spot rate is $0.09806/Ps ? c. What is the value of her position at maturitv if the endina spot rate is $0.11003/Ps? \begin{tabular}{lccccccccc} & & & & & \multicolumn{2}{c}{ Lifetime } \\ Maturity & Open & High & Low & Settle & Change & High & Low & Open Interest \\ \hline March & 0.10953 & 0.10988 & 0.10930 & 0.10958 & & 0.11000 & 0.09770 & 34,481.00 \\ June & 0.10790 & 0.10795 & 0.10778 & 0.10773 & & 0.10800 & 0.09730 & 3,405.00 \\ Sept & 0.10615 & 0.10615 & 0.10610 & 0.10573 & & 0.10615 & 0.09930 & 1,481.00 \\ \hline \end{tabular} Laura Cervantes. Laura Cervantes is a currency speculator and she sells eight June futures contracts for 500,000 pesos at the closing price quoted here: a. What is the value of her position at maturity if the ending spot rate is $0.12006/Ps? b. What is the value of her position at maturity if the ending spot rate is $0.09806/Ps ? c. What is the value of her position at maturitv if the endina spot rate is $0.11003/Ps

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