QUESTION ONE You are given the following information for the spot and one month forward and 3 months forward.
	spot		1 month forward	3 month forwad
US (dollars)	1.5200-1.5210		0.32-0.27 cpm	0.89-0.84 cpm
Canadian (dollar)	1.8630-1.8640		0.30-0.20 cpm	0.90-0.80 cpm
Netherland (Guilders)	4.05 1 4.06 1		2 3 - 1 7 cpm	6 3 - 6 1 cpm
	4 4		8 8	4 4
Belgiam (frank)	72.20 - 72.30		10 - 20 cdis	45 - 55 cdis
Denmark (kronner)	13.01 - 13.02		4.4 - 5 5 cdis	18 3 - 19 3 cdis
			8	8 4
Germany ( DM)	3.061 - 3.071		2-1 1 cpm	51 - 5 cpm
	2 2		2	2
REQUIRED
Calculate the cost or value in to a customer who wished to
a) buy US$ 14,000 one month forward
b) buy C$25,000 Spot
c) buy BF 75,000 3 months forward
d) sell guilders 28,000 1 months forward
e) Sell K 20,000 3 months forward
f) Sell DM 6,000 1 month forward