Bid/Ask on Aussie Dollar Forward, Use the following spot and forward bid-ask rates for the US dollar/Australian dollar (US$ A$1.00) exchange rate from December 10, 201 a. What is the midrate for each maturity? questions b. What is the annual forward premium for all maturities? c. Which maturities have the smallest and largest forward premiums? (Click on the icon to import the table into a spreadsheet) Period spot 1 month 2 months 3 months 6 months 12 months Bid Rate 0.98198 Ask Rate D 0.98222 097879 097911 0.97528 0.97563 0.97196 097244 0.06187 096235 094083 094159. a. What is the mid-rate for each maturity? Calculate the mid-rate for each maturity below (Round to six decimal places) Period Days Forward Bid Rate Ask Rate Mid-rate USS/AS US$/AS USS/AS Spot 0.98198 0.08222 4