Here are some quotes for spot exchange rates & three-month interest rates: Spot exchange rates: $:1.18651.1870 *:$108.10-108.20 Interest rates: Three-month euro-$5-5.25 Three-month euro- 3.25 -3.5 Three-month euro-1.25 -1.5 Calculate to 4 decimals (cell formulas or algebra) the bid & ask quotes for questions a, b, c below and explain it of 6 a. The \: spot exchange rate? Please briefly explain your answer. Bid- Buying Ask-Selling 1.1865 1.187 108.1 108.2 8 Dollars to Euros 9 Yen to Dollar -Nm t The :$ three-month forward exchange rate? Please briefly explain your answer. a The \: three-month forward exchange rate? Please briefly explain your