Note: Keep six digits after the decimal point

Calculate the following:

- Bid price of the British pound in the one-month forward market

- Ask price of the British pound in the three-month forward market

- What is the mid-point price of the British pound in the six-month forward market?

- What is the annualized forward premiums for the dollar in the one-year forward market?

- What is the annualized forward premiums for the British pound in the one-year forward market?

Swap Points (in dollars) Bid (In dollars) Ask (In dollars) Spot 1.247700 1.247900 1M FWD 5.31 6.31 3M FWD 24.63 25.38 6M FWD 54.33 54.93 1Y FWD 125.95 129.7 Swap Points (in dollars) Bid (In dollars) Ask (In dollars) Spot 1.247700 1.247900 1M FWD 5.31 6.31 3M FWD 24.63 25.38 6M FWD 54.33 54.93 1Y FWD 125.95 129.7