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Bid (SF per $) Ask (SF per $) Spot:1.8215 Spot:1.8225 Point Quotes: One Month Forward subtract 58, 56 Six Month Forward add 100, 105 You

Bid (SF per $) Ask (SF per $)

Spot:1.8215 Spot:1.8225

Point Quotes:

One Month Forward subtract 58, 56

Six Month Forward add 100, 105

You wish to buy SF now from a dealer. You have $1000 to sell. A transaction at the spot rate will provide you: A) SF 1821.5 B) SF 1822.5 C) SF 549.0 D) SF 548.7 E) none of the above

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