- June 2019 Mexican Peso Futures Contract Has A Price Of 0 05149 Per Mxn You Believe The Spot Price In June Will Be 0 04 1 (27.15 KiB) Viewed 84 times
per MXN. You believe the spot price in June will be 0.04495 per
MXN.
a. What speculative position would you enter into to attempt
to profit from your beliefs?
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 (loss) if the futures price
is indeed an unbiased predictor of the future spot price and this
price materializes? (A Negative value should be indicated with
a minus sign. Do not round intermediate calculations. Round your
answer to the nearest whole number.)
June 2019 Mexican peso futures contract has a price of $0.05149 per MXN. You believe the spot price in June will be 0.04495 per MXN. a. What speculative position would you enter into to attempt to profit from your beliefs? Short position O 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.) Anticipated profit c. 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? (A Negative value should be indicated with a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole number.) Profit or loss