Question 11 1 pts Suppose Chase Bank offered the following direct spot and forward markets quotes for EUR over three points in time now (1/1/XX), three months later (4/1/XX, and six months later (7/1/XX) EUR Spot 3 Month Forward 6 Month Forward 1/1/XX 1.2075 12440 1.2627 4/1/XX 1.2191 1.2560 1.2748 7/1/XX 1.2943 1.3334 13534 On 1/1/XX, Dell sold a 6 month forward contract of EUR 1,000,000 to Chase. Based on this transaction Dell will pay USD 1.256.000 to Chase in 6 months and will receive EUR 1,000,000 from Chino months Del will pay EUR 1.000.000 to Chase in 6 months, and will receive U50 1.262.700 from Chase in 6 months Dell will pay EUR 1.000.000 to Chase in 6 months and will receive USD 1.256,000 from Chase in 6 months Dell will pay USD 1353.400 to Chase in 6 months and will receive EUR 1.256.000 from Chin 6 months