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Artesia Graham just started as an analyst for Credit Suisse in Geneva, Switzerland. She receives the following quotes for Swiss francs against the dollar for

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Artesia Graham just started as an analyst for Credit Suisse in Geneva, Switzerland. She receives the following quotes for Swiss francs against the dollar for spot, one-month forward, 3-months forward, and 6-months forward. Spot exchange rate: Bid rate Ask rate One-month forward 3-months forward 6-months forward SF 1.2575/$ SF 12585/5 10 to 15 14 to 22 20 to 30 Based on this information, the outright quotes for bid and ask for the 3-months forward are: 1.2561 and 1.2563 1.2589 and 1.2607 1.2585 and 1,2600 1.2595 and 1.2615

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