Section i: briefly identify at least three specific ethical failures that came up in the video and the factual context in which they arose. section ii: for each failure, identify at least one specific policy, procedure, program, or action that nog can take to prevent a recurrence of this kind of ethical problem. section iii: evaluate the overall business and ethical culture of ggf and whether it meets the core values of nog. if not, make specific recommendations of the steps that should be taken to ensure ggf operates in accordance with nog’s core values.

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