A bank has been asked to provide a three-month forward AUD/USD 'buy' quote for a corporate client. The following information is available to the FX dealer at the bank:Spot rate: AUD/USD 0.7654-0.7659 US interest rates: 7.73% per annum Australian interest rates: 8.64% per annum Estimate the three-month forward 'buy' rate.

A. 0.7637

B. 0.7639

C. 0.7642

D. 0.7644

Calculate the bid and ask a three-month forward rate.A bank has been asked to provide a three-month forward EUR/USD 'buy' quote for a corporate client. The following information is available to the FX dealer at the bank:

Bid Offer

Spot EUR/USD 1.0770 1.0782

3-month US interest rate 3.75% p.a. 3.85% p.a.

3-month euro interest rate 2.65% p.a. 2.75% p.a.

A. EUR/USD 1.0796-1.0781

B. EUR/USD 1.0797-1.0782

C. EUR/USD 1.0738-1.0755

D. EUR/USD 1.0743-1.0750

***please show the full calculation