Suppose that you implement your hedge from the last question at F₁($/$\le$)= $2/$\le$.Your cash flows in state 1,2,and 3 respectively will be

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The hedge is implemented at F1(≤)= $2/≤. In state 1, the forward price is $2/≤, so the hedge will result in a cash inflow of $5,100. In state 2, the forward price is $2/≤, so the hedge will result in a cash outflow of $5,000. In state 3, the forward price is $2/≤, so the hedge will result in a cash inflow of $5,100.

Suppose That You Implement Your Hedge from the Last Question ≤\le≤

Suppose That You Implement Your Hedge from the Last Question $\le$