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Bank of American ( BOA ) quotes the following rates for the US dollar Bid ( SF / $ ) Ask ( SF / $

Bank of American (BOA) quotes the following rates for the US dollar
Bid (SF/$) Ask (SF/$)
\table[[Spot rate,0.9886,0.9889],[1-month forward,0.9905,0.9908],[3-month forward,0.9951,0.9953],[6-month forward,1.0014,1.0016],[12-month forward,1.0151,1.0157]]
What would you receive from BOA if you bought $7 million at the 6-month forward rate?
SF 6,988,817.9
SF 7,009,800
SF 6,990,213.7
SF 7,011,200
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