National bank quotes the following for the British pound and the new zealand dollar:

what is the appropriate cross exchange rates for the "bid price for the value of NZ$ in terms of "?

a) 0.3395/NZ$

b) 0.3457/NZ$

c) 0.3478/NZ$

d) 0.3416/NZ$

\begin{tabular}{|l|l|l|} \hline & Quoted Bid Price & Quoted Ask Price \\ \hline Value of a British pound () & $1.61/ & $1.62/ \\ \hline Value of a New Zealand dollar (NZ$) & $0.55/NZS & $0.56/NZS \\ \hline Value of a British pound in New Zealand dollars & NZ$2.95/ & NZS2.96/ \\ \hline \end{tabular}