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3.7 You have sold 104 million at a spot price of 104/$. One year later, you pay dollars to buy back 104 million at the

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3.7 You have sold 104 million at a spot price of 104/$. One year later, you pay dollars to buy back 104 million at the prevailing spot rate of 100/$. How much have you gained or lost in dollars? 3.8 Euro bid and ask prices on the Japanese yen are quoted direct in Paris at 0.007634/Bid and 0.007643/ Ask. What are the corresponding indirect quotes for euros

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