Please provide all your answers round to $4$ decimal places.

Profits$/$Appreciation should be reported as positive numbers and losses$/$depreciation as negative numbers.

Question $1$

Consider the quotes below. What is the bid of the CNY $/$ JPY cross$-$rate?

$\backslash$table$[[$Bank Quotation,Bid,Ask$],[$USD $/$ JPY$,1\mathrm{.}75,1\mathrm{.}79],[$USD $/$ CNY$,1\mathrm{.}15,1\mathrm{.}23]]$

$1\mathrm{.}5564$

$0\mathrm{.}6425$

$1\mathrm{.}4227$

$0\mathrm{.}7029$