Can you help to answer this question? Subject treasury management

11.	When a bank decided to sell SGD/USD for 1 million at 1.5500, it means the bank is
	A.	The bank is Long SGD 1,550,000
	B.	The bank is Short USD 1,550,000
	C.	The bank is Short SGD 1,000,000
	D.	The bank is Long USD 1,000,000
	Question 12 to 21, please refer to statement below.
	You are one of the Treasury Dealer at UUM Bank. You call USM Bank for a SGD/USD quote. USM Bank responded and says 1.50 80 / 00.
12.	At what rate can you buy SGD?
	A.	1.5100
	B.	1.6080
	C.	1.5080
	D.	1.7100
13.	At what rate can you buy USD?
	A.	1.5100
	B.	1.6080
	C.	1.5080
	D.	1.7100
14.	At what rate can you sell SGD?
	A.	1.5100
	B.	1.6080
	C.	1.5080
	D.	1.7100
15.	At what rate can you sell USD?
	A.	1.5100
	B.	1.6080
	C.	1.5080
	D.	1.7100