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a. Nova Scotia Bank offers quotes on the Canadian dollar as shown below. What is the bid-ask spread based on these quotes? (Round answer to

a. Nova Scotia Bank offers quotes on the Canadian dollar as shown below. What is the bid-ask spread based on these quotes?(Round answer to 2 decimal places e.g. 17.54%.) BidC$0.9992/$---AskC$0.9997/$

Bid-ask spread___________%

b. The foreign exchange department at Tokyo's Daiwa Bank quoted the spot rate on the euro at 0.007205/. The 90-day forward rate is quoted at a premium of 5.10 percent on the euro. What is the 90-day forward rate?(Round answer to 6 decimal places, e.g. 15.251945. Use 360 days for calculation.)Forward rate______________/

c. Barclays Bank of London has offered the following exchange rate quotes: 190.40/ and Korean won 12.4060/. What is the cross rate between the Korean won and the British pound?(Round answer to 2 decimal places, e.g. 15.25. Do not enter currency symbols in your answer.)Cross rate. Won___________/

d. Cullumber Pharma just received revenues of $3,166,200 in Australian dollars (A$). Management has the following exchange rates: A$2.70000/ and $1.5906/. What is the U.S. dollar value of the company's revenues?(Round intermediate calculation to 4 decimal places, e.g. 15.2578 and final answer to the nearest whole dollar, e.g. 5,275.)Revenue. $________________

e. A local community bank has requested foreign exchange quotes for the Swiss Franc from Citibank. Citibank quotes a bid rate of $1.0900/SF and an ask rate of $1.0959/SF. What is the bid-ask spread?(Round answer to 3 decimal places, e.g. 17.540%.)Bid-ask spread ________%

f. Sheridan Equipment purchased machinery from a Japanese firm and must make a payment of 236,430,000 in 45 days. The bank quotes a forward rate of 111.00/$ to buy the required yen. What is the cost to Sheridan in U.S. dollars?(Round answer to 2 decimal places, e.g. 15.25.).Cost of equipment $____________

g. The spot rate on the London market is 0.5515/$, while the 90-day forward rate is 0.5596/$. What is the annualized forward premium or discount on the British pound?(Round answer to 2 decimal places, e.g. 17.54%. Use 360 days for calculation.).Forward premium or (discount)__________________%

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