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^st May 2020 to 30^th 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	Bid	Ask
20/04/2020 09:18:28 AM	Philippine Peso	Philippines	132.4345	132.0393
21/04/2020 09:41:42 AM	Philippine Peso	Philippines	132.3732	131.9766
22/04/2020 09:04:37 AM	Philippine Peso	Philippines	132.403	132.008
23/04/2020 08:34:05 AM	Philippine Peso	Philippines	132.1091	131.7141

You are required to calculate the following information from the above details:

1. What will be the Direct Quote for the OMR from the period starting from 20^th April 2020 to 23^rd April 2020?
2. What will be the Bid Rate displayed in the OMR market for the period 20^th April 2020 to 23^rd April 2020 from the above Indirect Quote?
3. Determine the spread rate from 20^th April 2020 to 23^rd April 2020 from the above Indirect Quote?
4. If Dr. Mohammed Juma Al Hinai wish to buy spot OMR on 22^nd April 2020. How much you will pay in PHP?
5. In case Dr. Mohammed Juma Al Hinai wanted to purchase spot PHP. How much would you have to pay in OMR?
6. The Ask rate on 21^st April 2020 is PHP 131.9766/OMR. The price of PHP is expected to appreciate by 2 after 20 days. What will be new exchange rate after 20 days?