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JP Morgan quotes the following rates for the U.S. dollar Bid (Y/C) Ask (Y/C) Spot rate 133.94 133.97 1-month forward 134.31 134.42 3 month forward

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JP Morgan quotes the following rates for the U.S. dollar Bid (Y/C) Ask (Y/C) Spot rate 133.94 133.97 1-month forward 134.31 134.42 3 month forward 134.75 134.88 6 month forward 135.26 135,56 12 month forward 135.77 136.36 What would you receive from JP Morgan if you bought 1 million at the 1 month forward rate? 7131,420,00 V 134,310,00 743936

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