John obtains the following demand model for beef Q =9274.145–358.124P using a data set of 120 observations, where Q is measured in pounds and P is measured in dollars per pound. We change the measurement of quantity from pounds to thousand pounds; we also change the measurement of price from dollars per pound to dollars per thousand pounds. For example, if Q used to be 200 (which means 200 pounds), now it is 0.2 (which means 0.2 thousand pounds); if P used to 5 (which means 5 dollars per pound), now it is 5000 (which means 5000 dollars per thousand pounds). If we re-estimate the model using the same data except the above changes, what is the new slope? a. - 0.358
b. - 358.124
c. - 3.581
d. - 358124
e. - 0.000358

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2