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Bid/Ask on Aussie Dollar Forward. Use the following spot and forward bid-ask rates for the U.S. dollar/Australian dollar (USS=AS1.00) exchange rate from December 10, 2010,

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Bid/Ask on Aussie Dollar Forward. Use the following spot and forward bid-ask rates for the U.S. dollar/Australian dollar (USS=AS1.00) exchange rate from December 10, 2010, to answer the following questions A. What is the mid-rate for each maturity? B. What is the annual forward premium for all maturities? C. Which maturities have the smallest and largest forward premiums

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