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As a currency trader, you see the following quotes on your computer screen: Exch. Rate Spot 11-month 2-month 3-month 6-month USDIEUR 11.0435/45 20/25 52/62 75/90

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As a currency trader, you see the following quotes on your computer screen: Exch. Rate Spot 11-month 2-month 3-month 6-month USDIEUR 11.0435/45 20/25 52/62 75/90 97/115 JPY/USD 98.75/85 12/10 20/16 25/19 45/35 USDIGBP 11.6623/33 30/35 62/75 95/110 120/130 a. What are the outright forward bid and ask quotes for the USD/EUR at the 3-month maturity? (10 PTS) N

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