Andreas Broszio $($Geneva$).$ Andreas Broszio just started as an analyst for Credit Suisse in Geneva, Switzerland. He receives the following quotes for Swiss

francs $($CHF$)$ against the dollar $($USD$)$ for spot, $1$ month forward, $3$ months forward, and $6$ months forward: $.$

The current one$-$year U$.$S$.$ T$-$Bill rate is $4\mathrm{.}3\%.$

a$.$ Calculate outright quotes for bid and ask and the number of points spread between each.

b$.$ What do you notice about the spread as quotes evolve from spot toward $6$ months?

c$.$ What is the $6-$month Swiss bill rate?

$($Click on the following icon $$ in order to copy its contents into a spreadsheet.$)$