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Paula Kidd, an analyst for Barclay, recieves the following CHF to USD quotes: Spot exchange rate: Bid rate CHF 1.0020 / USD Ask rate CHF

Paula Kidd, an analyst for Barclay, recieves the following CHF to USD quotes: Spot exchange rate: Bid rate CHF 1.0020 / USD

Ask rate CHF 1.0030 / USD 6 months forward -10 to -12 Calculate outright quotes for bid and ask for the 6 months forward A) Forward bid = CHF 1.1010/USD ; Forward ask = CHF 1.1218 /USD B) Forward bid = CHF 1.0018/USD ; Forward ask = CHF 1.0010/USD C) Forward bid = CHF 1.0010/USD ; Forward ask = CHF 1.0018/USD D) Forward Bid = CHF 1.0030/USD ; Forward ask = CHF 1.0042/USD

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