Calculate outright quotes for bid and ask and the number of points spread between each.

Calculate the outright quotes for bid and ask and the number of points spread between each$$ below:$($Round to four decimal$$ places.$)$

Part $2$Part $3$

Bid

Ask

Spread

One$-$month forward $($CHF$/$$$)$

$1\mathrm{.}2557$

$1\mathrm{.}2598$

$0\mathrm{.}0041$

$3-$months forward $($CHF$/$$$)$

$1\mathrm{.}2561$

$1\mathrm{.}2605$

$0\mathrm{.}0044$

$6-$months forward $($CHF$/$$$)$

$1\mathrm{.}2567$

$1\mathrm{.}2613$

$0\mathrm{.}0046$

Part $4$

b$.$ What do you notice about the spread as quotes evolve from spot toward $6$ months?$($Select from the$$ drop$-$down menus.$)$

It

widens

narrows

widens

$,$ most likely a result of

$$

and

$$

trading volume.