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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 price quoted here: EB
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: EB a. What is the value of her position at maturity if the ending spot rate is $0.12008/Ps? b. What is the value of her position at maturity if the ending spot rate is $0.09809/Ps? 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 $0.12008/Ps? The value of Amber's position is SI L (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 $0.09809/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 $0.11008/Ps? The value of Amber's position is $ (Round to the nearest cent. Use a minus sign if value is negative.)
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