A currency dealer quotes the following rates on the Swiss franc-U.S. dollar exchange rate in the following table. (Note: The base currency is listed first and the quote currency second.):

USD/CHF Spot1.2575 - 1.25851-month forward10 to 153-months forward12 to 206-months forward20 to 30

What are the bid and ask exchange rate quotes for the3-month forward?

a.Bid CHF 1.2575 per $; Ask CHF 1.2585 per $

b.Bid CHF 1.2587 per $; Ask CHF 1.2605 per $

c.Bid CHF 1.2563 per $; Ask CHF 1.2565 per $

d.Bid CHF 1.2590 per $; Ask CHF 1.2600 per $