Problem 1 a. Suppose the spot bid-ask rates for is $1.3254-81 and the spot bid-ask rates for is $0.9548-63. Compute the direct bid and ask cross rates for the in France. b. Suppose the spot rates are 0.80/S and XOF500/$. Compute the XOF/ rate. c. Suppose the forward bid-ask rates for is $1.3254-81 and, the forward bid-ask rates for is $0.9548-63. Compute the forward bid and ask cross rates for in terms of . d. Suppose the forward rates are 0.80/$ and XOF500/S. Compute the XOF rate