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7. (5 points) What is the indirect Canadian dollars for Chinese yuan cross rate if US dollar is priced at 1.0981-158 in Toronto and 6.2781-103

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7. (5 points) What is the indirect Canadian dollars for Chinese yuan cross rate if US dollar is priced at 1.0981-158 in Toronto and 6.2781-103 in Beijing? 8. (5 points) What is the outright indirect forward quotes for euro in 90 days if euro is quoted at 0.9378 dollars and annual forward discount for curo is 1.7219%

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