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please help Using the quotations in Exhibit 73, note that the June 2019 Mexican peso futures contract has a price of $0.05143 per MXN. You

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Using the quotations in Exhibit 73, note that the June 2019 Mexican peso futures contract has a price of $0.05143 per MXN. You believe the spot price in June will be 0.05795 per MXN. a. What speculative position would you enter into to attempt to profit from your bellefs? Short position Long Position b. Calculate your anticipated profits, assuming you take a position in three contracts. (Do not round intermediate calculations. Round your answer to the nearest whole number.) c. What is the size of your profit (10ss) if the futures price is indeed an unblased predictor of the future spot price and this price materializes? (A Negative value should be indicated with a minus sign. Do not round intermedlate calculations. Round your answer to the nearest whole number.) EXHIBIT 7.3 CME Group Currency Futures Contract Quotations \begin{tabular}{|c|c|c|c|c|c|c|} \hline & Open & High & Low & Settle & Change & Open interest \\ \hline \multirow{2}{*}{\multicolumn{7}{|c|}{CurrencyFuturesJapaneseYen(CME)-12,500,000;$per100}} \\ \hline & & & & & & \\ \hline June & 90320 & .90440 & .90135 & .90230 & -.00070 & 153,601 \\ \hline Sept & .91005 & .91005 & .90840 & .90875 & -.00070 & - \\ \hline \multicolumn{7}{|c|}{ Canadian Dollar (CME)-CAD 100,000; \$ per CAD } \\ \hline June & .75125 & .75350 & .75030 & .75110 & .00045 & 144,458 \\ \hline Sept & .75500 & .75500 & .75260 & .75265 & .00045 & 3,190 \\ \hline \multicolumn{7}{|c|}{ British Pound (CME)- 62,500;$ per } \\ \hline fune & 1.3182 & 1.3245 & 13169 & 1.3206 & .0043 & 144.222 \\ \hline Sept & 1.3243 & 1.3298 & 1.3238 & 1.3263 & .0043 & - \\ \hline \multicolumn{7}{|c|}{ Swiss Franc (CME)-CHF 125,000;$ per CHF } \\ \hline june & 1.0090 & 1.0118 & 1.0083 & 1.0093 & - & 73,541 \\ \hline Sept & 1.0169 & 1.0181 & 1.0159 & 1.0179 & - & 42 \\ \hline \multicolumn{7}{|c|}{ Austratian Dollar (CME)-AUD 100,000; \$ per AUD } \\ \hline June & .7080 & .7141 & .7065 & .7128 & .0054 & 148,024 \\ \hline Sept & .7094 & .7149 & .7083 & .7141 & .0054 & - \\ \hline \multicolumn{7}{|c|}{ Mexican Peso (CME)-MXN 500,000;$ per MXN } \\ \hline June & .05142 & & .05134 & .05143 & - & 227,270 \\ \hline \multicolumn{7}{|c|}{ Euro (CME) 125,000; 5 per } \\ \hline June & 1.12720 & 1.13260 & 1.12720 & 1.13100 & .00405 & 480,009 \\ \hline Sept & 1.13610 & 1.14100 & 1.13610 & 1.13955 & .00405 & 8,844 \\ \hline \multicolumn{7}{|c|}{ Euro/Japanese Yen (ICE-US) 125,000;7 per } \\ \hline june & 124.802 & 125.52 & 124.68 & 125.35 & .55 & - \\ \hline - & - & - & - & 125.45 & .57 & 0 \\ \hline \multicolumn{7}{|c|}{ Euro/British Pound (ICE-US) 125,000; E per } \\ \hline June & .85485 & .85800 & .85245 & 85645 & - & 27,741 \\ \hline Sept & - & .85940 & 85740 & 85920 & - & 54 \\ \hline \multicolumn{7}{|c|}{ Euro/Swiss Franc (ICE-US) 125,000; CHF per } \\ \hline June & 1.1174 & 1.1208 & 1.1173 & 1.1206 & .0035 & 10,623 \\ \hline \end{tabular}

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