how do I do this?

S0=$1.0865/E(S1(3-months))=$1.1140/S0=0.8223/$F3-months=$1.0480/S0=$1.23161/ Where: = euro; = British pound; E()= Expected. If one year ago the spot price of British pounds in terms of the $ was $1.2860/. Do you think the British pound has appreciated or depreciated against the dollar over the last year (explain answer without any calculations)? What was the percentage rate of change in the value of the pound over the last year? Is your numerical answer consistent with your explanation? A London bank quotes an MNC the following rates for the dollar: a. If the MNC wants to buy 120 million, how much will it pay in dollars? b. If the MNC wants to sell $240 million, how much will it receive in pounds? c. Using the convention currency traders use to quote spreads, calculate the bid/ask spread on the dollar as a percentage rate up to four decimal places. d. How would a New York branch of the London bank post the above bid/ask prices? Calculate the bid/ask spread on the pound as a percentage rate up to 4 decimal places. Why do you think the spread in part d is different from the spread in part c