Laura Cervantes, the currency speculator we met in the chapter, sells eight June futures contracts for pesos (Ps) at the closing price quoted in

answer

a

b

c

Laura Cervantes. Laura Cervantes, the currency speculator we met in the chapter, sells eight June futures contracts for 500,000 pesos (Ps) at the closing price quoted in: a. What is the value of her position at maturity if the ending spot rate is $0.12003=Ps1.00? b. What is the value of her position at maturity if the ending spot rate is $0.09808=Ps1.00? c. What is the value of her position at maturity if the ending spot rate is $0.11009=Ps1.00 ? a. What is the value of her position at maturity if the ending spot rate is $0.12003= Ps 1.00? 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 following icon n in order to copy its contents into a spreadsheet.) Mexican Peso (CME)MXN 500,000; USD per MXN Laura Cervantes. Laura Cervantes, the currency speculator we met in the chapter, sells eight June futures contracts for 500,000 pesos (Ps) at the closing price quoted in: a. What is the value of her position at maturity if the ending spot rate is $0.12003=Ps1.00? b. What is the value of her position at maturity if the ending spot rate is $0.09808=Ps1.00? c. What is the value of her position at maturity if the ending spot rate is $0.11009=Ps1.00 ? a. What is the value of her position at maturity if the ending spot rate is $0.12003= Ps 1.00? 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 following icon n in order to copy its contents into a spreadsheet.) Mexican Peso (CME)MXN 500,000; USD per MXN