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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 ciosing price 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 ciosing price quoted here: a. What is the value of her position at maturity if the ending spot rate is $0.12003Ps ? b. What is the value of her position at maturity if the ending spot rate is $0.09801/Ps8 ? c. What is the value of her position at maturity if the ending spot rate is $0.11008/Ps ? a. What is the value of her position at maturity if the ending spot rate is $0.12003.s? The value of Amber's position is $ (Round to the nearest cent. Use a minus sign if value is negative.) b. What is the value of her position at maturity if the ending spot rate is $0.09801/Ps ? The value of Amber's position is $ (Round to the nearest cent. Use a minus sign if value is negative.) c. What is the value of her position at maturity if the ending spot rate is $0.11008ss ? The value of Amber's position is $ (Round to the nearest cent. Use a minus sign if value is negative.) Data table (Click on the icon =. to import the table into a spreadsheet.) Mexican Peso (CME) - MXN 500,000, $ per MXN

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