(Bid, spot, and forward rates)The data for the following problem is given:

Country-Currency Contract $/Foreign Currency Canada-dollar Spot 0.8273 30-day 0.8244 90-day 0.8224 Japanese-yen Spot 0.004724 30-day 0.004764 90-day 0.004831 Switzerland-franc Spot 0.5290 30-day 0.5329 90-day 0.5485

.The spreads on the contracts as a percent of the asked rates are 6 percent for yen, 2 percent for Canadian dollars, and 8 percent for Swiss francs. Calculate the bid rates for the different spot and forward rates.