$1.$ As a currency trader, you see the following quotes on your computer screen:

EUR$/$CHF GBP$/$JPY USD$/$SEK

Spot $1-$Month $1\mathrm{.}1190/993\mathrm{.}97/3\mathrm{.}37145\mathrm{.}45/145\mathrm{.}5517\mathrm{.}31/18\mathrm{.}529\mathrm{.}3105/34230/222$

$3-$Month

$10\mathrm{.}74/9\mathrm{.}92$

$6-$Month $20\mathrm{.}36/21\mathrm{.}86$

$9-$Month $31\mathrm{.}40/34\mathrm{.}90$

$10\mathrm{.}98/14\mathrm{.}81646/641$

$85\mathrm{.}98/69\mathrm{.}901262/1227$

$144\mathrm{.}47/109\mathrm{.}20$

$1885/1839$

$($Total $13$ Marks$)$

a$.$ What are the outright forward BID and ASK quotes for the EUR$/$CHF at the $3-$month maturity? $(3$ Marks$)$

b$.$ Suppose you want to swap out of SEK $10,000,000$ and into USD for $1$ month. The swap simultaneously buys USD spot and sells the USD forward in $1$ months' time. What are the cash flows associated with the swap?

$(2$ Marks$)$

c$.$ If one of your corporate customers calls you and wants to buy Swiss francs with EUR in $6$ months, what price would you quote? $(2$ Marks$)$ d$.$ What is the forward premium or discount of the GBP$/$JPY based on the $6-$month forward maturity assuming a $360-$day year? $(2$ Marks$)$ e$.$ What is the forward premium or discount of the EUR$/$CHF based on the $9-$month forward maturity assuming a $360-$day year? $(4$ Marks$)$

Note: A currency swap is an agreement to exchange one currency for another at a specified exchange rate and date. Banks commonly serve as intermediaries between two parties who wish to engage in a currency swap.