Currency Spot quote 1.1278 - 1.1281 1.2845 1.2848 1.0020-1.0022 110.41-110.44 Euro (EUR/USD) British pound (GBP/USD) Swiss franc (USD/CHF) Japanese yen (USD/JPY) Dominican peso (USD/DOP) 50.540- 50.600 Part 2. Forward exchange rates 1. If the 3-month forward bid and ask quotes for the British pound are 1521, what are the 3-month forward bid and ask exchange rates? ow many US dollars will a customer that enters a 3-month forward contract to buy 1 million from this dealer receive when the contract is settled in three months? 3. If the 6-month forward bid and ask quotes for the Swiss franc are -13-9, what are the 6-month forward bid and ask exchange rates? 4. How many US dollars will a customer that enters a 6-month forward contract to sell CHF 1 million to the dealer receive? 5. Based on the spot and forward exchange rates, indicated whether the euro pound and the Swiss franc are expected to strengthen or weaken over the next 3 and 6 months respectively