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TABLE 5.1 Use the table to answer following question(s). /$ /$ Period Days Forward Bid Rate Ask Rate 85.46 85.41 85.02 30 85.05 84.90 60

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TABLE 5.1 Use the table to answer following question(s). \/$ \/$ Period Days Forward Bid Rate Ask Rate 85.46 85.41 85.02 30 85.05 84.90 60 84.86 spot 1 month 2 months 3 months 6 months 12 months 24 months 90 84.37 83.17 180 84.42 83.20 82.91 81.82 360 720 82.87 81.79 The bid price for the six-month swap for a Japanese Yen is: YEN83.20/USD. YEN81.82/USD O YEN82.87/USD YEN83.17/USD

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