1. As a currency trader, you see the following quotes on your computer screen 1-Month 3.97/3.37 9-Month 6-Month 3-Month 0.74/9.92 20.36/21.86 31.40/34.90 1.1190/99 145.45/145.5517.31/18.52 10.98/14.8185.98/69.90 144.47/109.20 EUR/CHF GBP/JPY USD/SEK 230/222 9.3105/34 646/641 1262/1227 1885/1839 (Total 13 Marks) a. What are the outright forward BID and ASK quotes for the EUR/CHF at the 3-month (3 Marks) maturity? 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 (2 Marks) cash flows associated with the swap? c. If one of your corporate customers calls you and wants to buy Swiss francs with EUR in 6 (2 Marks) months, what price would you quote? d. What is the forward premium or discount of the GBP/JPY based on the 6-month forward (2 Marks) maturity assuming a 360-day year? e. What is the forward premium or discount of the EUR/CHF based on the 9-month forward (4 Marks) maturity assuming a 360-day year? 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