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As a trader, you see the following prices from two different banks. Bid Ask 1.62 1.65 Spot exchange rate: S(USD/EUR) offer bid (deposits) (loans) Interest 4.00% 4.25% rate in US: is Interest 3.00% 3.10% rate in EUR: ie 6H O tv 92 US: is Interest 3.00% 3.10 % rate in EUR: ic The interest rates are quoted per annum (annual compoundings. What should be the 1-year forward bid and ask prices for the Euro, if there is no arbitrage opportunity? (4 marks