1. ABC Co. is holding JPY 500M that is wishes to sell for HKD. Spot JPY/USD is $0.009176-87 and spot HKD/USD is $0.128730-54. Calculate the number of HKD that ABC will receive. 2. Currency Trader forecasts the GBP will strengthen over the next 90 days. Today, spot GBP/USD is $1.3886, and the 90-day forward rate is $1.3912. Describe the trade that Trader will enter today to profit from his forecast. In 60 days, spot GBP/USD is $1.3914, and the 30-day forward rate is $1.3928. Is there a second trade that Trader can enter today to lock in a profit? If so, what is the trade and what is the profit? GBP 25M is the amount traded