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The quoted spot rates between the JPY and the GBP are JPY166.66-74/GBP and the 60-day forward rate pips are 1120. The spot rate between the

The quoted spot rates between the JPY and the GBP are JPY166.66-74/GBP and the 60-day forward rate pips are 1120. The spot rate between the AUD and the GBP is AUD1.7857-69/GBP and the 60-day forward rate pips are 25-38. What is the outright bid rate for a 60-day forward JPY/AUD contract? a. JPY93.356/AUD b. JPY93.131/AUD c. JPY93.261/AUD d. JPY93.226/AUD e. None of the options in this question are correct

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