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How much should a forward contract cost in EUR/PLN currency with an expiry date of 90 days under the below mentioned data. Provide both for

How much should a forward contract cost in EUR/PLN currency with an expiry date of 90 days under the below mentioned data. Provide both for bid and offer forward prices.

Bid rate = 4,5180 EUR / PLN - spot price, sale offer

Offer rate = 4,5205 EUR / PLN - spot price, bid

Credit rate for PLN per annum = 1,10%

Deposit rate for PLN per annum = 0,90%

Credit rate for EUR per annum = 0,65%

Deposit rate for EUR on an annual basis = 0,45%

Remember about the base for currencies (PLN 365 & EUR 360).

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