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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.

image text in transcribedimage text in transcribed 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 $0.09804/Ps ? c. What is the value of her position at maturity if the ending spot rate is $0.11006/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.) Mexican Peso (CME) - MXN 500,000, \$ per MXN

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