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As a currency trader, you see the following quotes on your computer screen: Dimension USDIEUR USDIGBP Spot 1.1535-45 1.3123-33 1-month 20-25 30-34 2-month 52-62 62-75

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As a currency trader, you see the following quotes on your computer screen: Dimension USDIEUR USDIGBP Spot 1.1535-45 1.3123-33 1-month 20-25 30-34 2-month 52-62 62-75 3-month 75-90 95-110 6-month 97-115 120-140 Suppose you decide to buy GBP 5 million forward, with a maturity of 2 months. What is the total commission earned by the bank that offered you these quotes? he total commision eamed by the bank 0 a. The bank earns a commission of GBP 11500. b. The bank earns a commission of USD 5750. C. The bank earns a commission of USD 11500. d The bank earns a commission of GBP 5750

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