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Table 2 Bid spot rate $121120 Ask spot rate $1.2145/8 1 month (30 days) 10 to 15 2 months (60 days) 12 to 16 3

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Table 2 Bid spot rate $121120 Ask spot rate $1.2145/8 1 month (30 days) 10 to 15 2 months (60 days) 12 to 16 3 months (90 days) 14 to 18 6 months (180 days) 23 to 25 Using rates from Table #2 calculate spot midrate. (Round your answer to 4 decimal points) 0.0016 25168 0.0033 12129 3.6402 Using rates from Table #2 calculate bidrate and ask rate for 3 months forward contract $1.2126/6. 51.2163/ 51.2116/ $1.2145 51.2163/6, 512145 5121354.51.2170 51.2114/65121611 Question 26 Using rates from Table #2 calculate the 3-month forward contract premium or discount on Euro 0515 013 0515 0.00% 013

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