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: LOADING... Maturity Open High Low Settle Change Lifetime High Lifetime Low Open Interest March 0.10953 0.10988 0.1093 0.10958   0.11 0.0977 34481 June 0.1079 0.10795 0.10778 0.10773   0.108 0.0973 3405 Sept 0.10615 0.10615 0.1061 0.10573   0.10615 0.0993 1481.   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 ​$0.09806​/Ps? c. What is the value of her position at maturity if the ending spot rate is ​$0.11007​/Ps?

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