A currency dealer posts the following two spot rate quotes: Bid Ask USD/EUR 1.1250 1.1255 If you sell 100,000 to the dealer, how many dollars will you receive? $88,849.40 O $112,500 O $112,550 $88,888.89 Consider a 6-month forward contract with a settlement price of CAD1.4232/USD and you have entered the contract to sell JSD forward You will make money if the spot rate at expiration is CAD 1.4200/USD. You will lose money if the spot rate at expiration is CAD1.4232/USD. You will make money if the spot rate at expiration is CAD1.5232/USD. You will lose money if the spot rate at expiration is CA1.3200/USD. The $/ spot exchange rate is $1.50/ and the 120-day forward exchange rate is $1.60/. Which of the following statements is correct regarding the forward premium (discount)? The euro is trading at a forward premium of 20% against the dollar. The euro is trading at a forward discount of 20% against the dollar. The euro is trading at a forward premium of 6,67% against the dollar. O The euro is trading at a forward discount of 6.67% against the dollar