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Please show all of your calculations 1) The one-month forward bid price for dollars as denominated in Japanese yen is ________ Multiple chouice are 129.62/$

Please show all of your calculations 1) The one-month forward bid price for dollars as denominated in Japanese yen is ________ Multiple chouice are

129.62/$

-20

-18

129.74/$

. 2) The current spot rate of dollars per pound as quoted in a newspaper is ________ or ________.

1.4484/$; $0.6904/

1.4487/$; $0.6903/

$1.4484/ ; 0.6904/$

$1.4481/ ; 0.6906/$

Use the table to answer the following question(s).
Yen: Spot and Forward(/$)Pound: Spot and Forward ($/)
Mid Rates Bid Ask Mid Rates Bid Ask
Spot 129.87 129.82 129.92 1.4484 1.4481 1.4487
Forward Rates
1 month 129.68 -20 -18 1.4459 -26 -24
6 months 128.53 -136 -132 1.4327 -160 -154
Swaps
2 year 117.65 1232 1212 1.425 -238 -230
3 year 115.5 1452 1422 1.4225 -265

-253

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