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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 the ending spot rate is $0.12005/PS? b. What is the value of her position at maturity the ending spot rate is 5009807/PS? c. What is the value of her position at maturity the ending spot rate is $0.11007/PS? a. What is the value of her position at maturity 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) b. What is the value of her position at maturity the ending spot rate is $0.09807/PS? The value of Amber's position is $ (Round to the nearest cent. Use a minus sign of value is negative.) c. What is the value of her position at maturity the ending spot rate is $0.11007/PS? The value of Amber's position is 5 (Round to the nearest cent Use a minus sign if value is negative) 1: Data Table Click on the icon to import the table into a spreadsheet) Mexican Peso (CME) - MXN 500,000, 5 per MXN Maturity March Change June Open 010953 010790 0.10515 High 0.10988 0.10795 010615 Low 010930 010778 010610 Sept Settle 010958 010773 10573 Lifetime High Low 011000 09770 0 10800 0 09730 010515 000030 Open Interes 34 481 00 3.40500 1.48100

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