The following are quotes from a currency dealer in the New York currency market:

Currency	Spot quote
Australian dollar (AUD/USD)	0.7832 - 0.7834
Brazilian real (USD/BRL)	3.2335 - 3.2365
British pound (GBP/USD)	1.3507 - 1.3509
Canadian dollar (USD/CAD)	1.2555 - 1.2557
Euro (EUR/USD)	1.1948 - 1.1949
Japanese yen (USD/JPY)	111.44 - 111.45
Mexican peso (USD/MXP)	19.3653 - 19.3718
New Zealand dollar (NZD/USD)	0.7181 - 0.7184
Thai baht (USD/THB)	32.1240 - 32.1430
Egyptian pound (USD/EGP)	17.6860 - 17.8460
South Korean won (USD/KRW)	1067.53 - 1069.53
Swiss franc (USD/CHF)	0.9789 - 0.9791

Forward prices are quoted as the absolute (not percentage) forward premium or discount in basis points (one basis point = .0001).

Currency	Period	Forward premium/discount
Brazilian real (USD/BRL)	9 month	1017 1120
Euro (EUR/USD)	6 month	143 144
New Zealand dollar (NZD/USD)	1 year	-19 -15
Swiss franc (USD/CHF)	3 month	-58 -56

7a. If the dealers spot and forward quotes for the euro () are given above, what are the dealers bid and ask prices for a 6-month forward contract on the euro?

b. If a customer were to enter a forward contract with this dealer to sell $1m to obtain euros, how many euros would the customer receive in 6 months?