Artesla 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 1.2555/$ SF 1.2565/5 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: O 1.2565 and 1.2580 O 12541 and 1.2543 O 1.2575 and 1.2595 1.2569 and 1.2587