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3. The computer screen in a foreign exchange trading room shows the a following: Currency Spot FW 1-M FW 3-M FW 6-M Mexican peso 9.3850-80

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3. The computer screen in a foreign exchange trading room shows the a following: Currency Spot FW 1-M FW 3-M FW 6-M Mexican peso 9.3850-80 70-80 210-215 410-440 (Ps/S) South African 6.1200-300 425.445 1100-1200 1825-1900 rand (R/S) 1.6320-35 Pound sterling 40-34 105.95 190-170 (S/E) A. Express all the above quotations on an outright basis. ( 20 pts.) RS S/E Ps/S spot IM 3M 6M B. Using the bid spot currency quotes, what is the current.cross spot rate of the Mexican pesos/pounds sterling? (5 pts.)

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