The mexican peso futures contract is trading at 0.07713 $/mxn. contract size for the mexican peso future is 500,000 pesos. you believe the spot price will be 0.08365 $/mxn at expiration. what speculative position would you enter into to profit from your beliefs? calculate your anticipated profits assuming you take a position in three contracts. what is the size of your profit or loss if the futures price is indeed an unbiased predictor of the future spot price and this price materializes?

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer