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Questions 1-6 Given the following quotes for the euro, direct in Frankfurt, Germany, for the Canadian dollar, answer the following. (When calculating indirect quotes, round

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Questions 1-6 Given the following quotes for the euro, direct in Frankfurt, Germany, for the Canadian dollar, answer the following. (When calculating indirect quotes, round to 4 decimal places). Spot 90 day forward 180 day forward Bid 6558 .6553 .6546 Ask .6562 .6560 6553 2. (4 points) On a points basis, the 1 year direct forward rates are 37/29. Given this information what are the 1 year direct outright bid and ask quotes? 3. (2 points) The Canadian dollar is at a forward relative to the euro. a. discount b. premium

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