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Lizett Mery sells eight June futures contracts on Mexican Pesos. Each contract is for 500.000 pesos. The futures price is 0.10773$/MN What is the value of her position at maturity (in dollars) if the ending spot rate is $0.123/MXN ?.

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Lizett Mery sells eight June futures contracts on Mexican Pesos. Each contract is for 500.000 pesos. The futures price is 0.10773$/MN What is the value of her position at maturity (in dollars) if the ending spot rate is $0.123/MXN ?

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