Aussie Dollarorward. Use the tollowing spot and toward bid-ask rates tor the U.S. dollar/Australian dollar (US$ A$1.00) exchange rate from December 10, 2010, to answer the following questions a. What is the midrate for each maturity? b. What is the annual forward premium for all maturities? c. Which maturities have the smallest and largest forward premiums? (Click on the icon to import the table into a spreadshe Period Bid Rate Ask Rate spot 1 month 2 months 3 months 6 months 12 months 24 months 0.98815 0.98417 0.98070 0.97675 0.96474 0.94060 0.89963 0.98842 0.98449 0.98103 0.97719 0.96528 0.94146 0.90091 Days Bid Rate Ask Rate Mid-rate Period Forward USSIAS USSIAS US$IAS Spot 0.98815 0.98842 988285