Case Study 1 Dr. Mohammed Juma Al Hinai working as a Branch Manager in Oman Arab Bank, Ibri, Oman from the period 2014 onwards. During the period, he got a request from a student in Ibri College of Technology, Ibri to pursue her OJT for a period of two months starting from 1" May 2020 to 30 h June 2020 in Forex Management domain. But, Dr. Mohammed Juma Al Hinai is very skeptical about the student knowledge level and technical background in the subject Forex Management. In order to understand the student caliber, Dr. Mohammed Juma Al Hinai wishes to conduct a basic examination with certain terms associated to Forex Management and the details are given bellow. Date & Time Currency Name Country Name 20/04/2020 09:18:28 AM Philippine Peso Philippines 21/04/2020 09:41:42 AM Philippine Peso Philippines 22/04/2020 09:04:37 AM Philippine Peso Philippines 23/04/2020 08:34:05 AM Philippine Peso Philippines Bid Ask 132.4345 132.0393 132.3732 131.9766 132.403 132.008 132.1091 131.7141 You are required to calculate the following information from the above details: a) What will be the Direct Quote for the OMR from the period starting from 20 April 2020 to 23rd April 2020? b) What will be the Bid Rate displayed in the OMR market for the period 20 April 2020 to 23rd April 2020 from the above Indirect Quote? e) Determine the spread rate from 20h April 2020 to 23rd April 2020 from the above Indirect Quote? .) If Dr. Mohammed Juma Al Hinai wish to buy spot OMR on 22nd April 2020. How much you will pay in PHP? e) In case Dr. Mohammed Juma Al Hinai wanted to purchase spot PHP. How much would you have to pay in OMR? The Ask rate on 21" April 2020 is PHP 131.9766/OMR. The price of PHP is expected to appreciate by 244 after 20 days. What will be new exchange rate after 20 days