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please help! The exchange rate MXN/USD = 20.8740 O is in American terms O has MXN as the base currency O is an indirect quotation

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The exchange rate MXN/USD = 20.8740 O is in American terms O has MXN as the base currency O is an indirect quotation O is a spot rate In a forward swap transaction, a currency dealer that buys CNY100,000,000 forward should o sell an equivalent amount of dollars in the spot market O buy an equivalent amount of dollars in the forward market O sell about CNY100,000,000 forward sell about CNY 100,000,000 in the spot market The spot rate between the US dollar and the Canadian dollar is CAD1.3124/USD. If an international bank wants to buy CAD5,000,000, the USD cost would be on the other hand, if the bank wants to take a USD4,000,000 position in CAD, the amount of CAD acquired would be O USD6,562,000; CAD5,249,600 O USD6,562,000; CAD3,047,851 O USD3,809.814CAD3,047,851 O USD3,809,814: CADS.249.600

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