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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: 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 price quoted here: a. What is the value of her position at maturity if the ending spot rate is $0.12005/Ps? b. What is the value of her position at maturity if the ending spot rate is $0.09801/Ps? c. What is the value of her position at maturity if the ending spot rate is $0.11009/Ps? a. What is the value of her position at maturity if the ending spot rate is $0.12005/Ps? The value of Amber's position is (Round to the nearest cent. Use a minus sign if value is negative.) Enter your answer in the answer box and then click Check Answer 2 parts remaining CAN A1 X fir Maturity B D E F 1 Maturity Open High Low Settle Change 2 March 0.10953 0.10988 0.1093 0.10958 3 June 0.1079 0.10795 0.10778 0.10773 4 Sept 0.10615 0.10615 0.1061 0.10573 5 G H Lifetime High Lifetime Low Open Interest 0.11 0.0977 34481 0.108 0.0973 3405 0.10615 0.0993 1481 6 7 8 9 10 11 12

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