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peso futures 4. Using the quotations in Exhibit 7.3, note that the June 2016 Mexican contract has a price of $0.05481 will be S0.06133 per
peso futures 4. Using the quotations in Exhibit 7.3, note that the June 2016 Mexican contract has a price of $0.05481 will be S0.06133 per MXN. What speculative position would you enter into to attempt to profit from your beliefs? Calculate your anticipated profits, assuming you take a position in three contracts. What is the size of your profit (loss) if the futures price is indeed an unbiased predictor of the future spot price and this price materializes? I per MXN. You believe the spot price in September peso futures 4. Using the quotations in Exhibit 7.3, note that the June 2016 Mexican contract has a price of $0.05481 will be S0.06133 per MXN. What speculative position would you enter into to attempt to profit from your beliefs? Calculate your anticipated profits, assuming you take a position in three contracts. What is the size of your profit (loss) if the futures price is indeed an unbiased predictor of the future spot price and this price materializes? I per MXN. You believe the spot price in September
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