Question 3 (10 marks) The following are FX quotes from two competition banks. Determine at which rate and whom the client will deal at. Fill the blanks: Clients wants to Buy 5 GBP versus USD a. Sell 10 USD versus JPY b. Buy 1 USD versus CAD c. Buy 5 USD versus EUR Bank A quote 1.3050 / 58 110.33 / 43 1.3156 / 64 1.0912 / 19 Bank B quote 1.3052 / 62 110. 35 / 42 1.3153 / 61 1.0910 / 20 Client deals at 1.3058 Bank A (2 marks) (2 marks) (2 marks) Assume you are now a price maker (market maker). Quote a two-way price (both bid and offer with a maximum of 10 points/pips spread) that would attract the client d. (2 marks) of deal no. a above to deal with your bank. e. (2 marks) of deal no. b above to deal with your bank