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(c) On your team, you also have a talented former trader Michael who is very experienced with the foreign exchange markets. To show her skill

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(c) On your team, you also have a talented former trader Michael who is very experienced with the foreign exchange markets. To show her skill she shows you the Bloomberg screen with the following information: Exchange rate: Spot 180-day Forward Interest rates NZD/USD 1.5-1.6 NZD/USD 1.6-1.7 USD 5%-6% NZD/GBP 2.2-2.3 NZD/GBP 2.3-2.4 NZD 8%-9% JPY/USD 100-101 JPY/USD 97-98 JPY 3%-4% JPY/GBP 150152 JPY/GBP 147-149 GBP 7%-8% (simple, p.a.) 180 days REQUIRED: (ii) Calculate the synthetic 180-day forward quotes for NZD/USD, NZD/GBP, JPY/USD, and JPY/GBP

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