(i) Complete the bid and ask price for both AUD and EUR under European Terms. (ii) What is the bid price of EUR in terms of AUD?

(iii) What is the ask price of EUR in terms of AUD? (iv) What is the bid price of AUD in terms of EUR? (v) What is the ask price of AUD in terms of EUR?

QUESTION 3 (25 MARKS) Answer part (), (i), (i), (iv) and (v) based on table below. Please show your working for each answer American Terms Bid Ask $1.0988 $1.0999 European Terms Bid Ask Bank Quotations Euro (EUR) $0.8000 S0.8020 Australian Dollar (AUD)