Question: Use chart to answer question. Will be sure to leave a thumbs up thanks JUNE FUTURES PRICE, S/Peso (Black line) Daily Peso SPOT Price (RED

JUNE FUTURES PRICE, S/Peso (Black line) Daily Peso SPOT Price (RED Dash) $0.0435 $0.0430 $0.0425 $0.0420 JUNE Mx PESO Futures Spot Price Price by date $ 0.0413 $ 0.0416 0.04198 0.0425 0.0417 0.0422 0.04122 0.0416 0.04093 0.0416 0.04166 0.0421 0.04096 0.0416 0.04046 0.041 0.04034 0.0409 0.03959 0.04002 0.04003 0.0405 0.04088 0.0412 0.0417 0.0421 0.04133 0.0414 0.04023 0.0406 0.04099 0.0415 0.04159 0.0416 0.04095 0.041 0.0413 0.0416 0.04158 0.0418 0.0411 0.041 0.04083 0.0413 0.0414 0.0419 0.04148 0.0417 0.04196 0.0421 0.04177 0.04223 0.04317 0.04310 DATE Apr. 8 Apr. 9 Apr. 10 Apr. 15 Apr. 16 Apr. 17 Apr. 20 Apr. 21 Apr. 22 Apr. 24 Apr. 27 Apr. 28 Apr. 29 Apr. 30 May.1 May.4 May 5 May.6 May.7 May.11 May. 12 May.13 May.14 May. 15 May.18 May.19 May 20 $0.0415 $0.0410 $0.0405 $0.0400 $0.0395 Apr. 8 Apr. 9 Apr. 10 Apr. 15 Apr. 16 Apr. 17 Apr. 20 Apr. 21 Apr. 22 Apr. 24 Apr. 27 Apr. 28 Apr. 29 Apr. 30 May 1 May.4 May 5 May.5 May.6 May.7 Tudu edu 9new Trew May. 12 May.13 May.14 May. 15 May.18 May.19 May.20 2. Your US firm will be selling 10 m. Pesos on May 20 but will hedge using Jum Futures contracts to hedge the risk of the US$ value being lower then. QUES: Your firm will SELL?? Or BUY?? Futures contracts
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