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Need 7 and 8 with methods Question 7 We have the following quotes: Spot exchange rate: CHF/USD 1.257 - 1.2581 3-months forward: 12 to 20

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Need 7 and 8 with methods

Question 7 We have the following quotes: Spot exchange rate: CHF/USD 1.257 - 1.2581 3-months forward: 12 to 20 Calculate the mid-rate. Selected Answer: 0.087 Correct Answer 1.2592 Question 8 We have the following quotes: Spot exchange rate: CHF/USD 1.2573 - 1.2582 3-months forward: 14 to 20 Calculate the number of points spread. Selected Answer: 0.0009 Correct Answer: 15.0000

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