Use the table to answer the following question(s).

Yen: Spot and Forward(/$)Pound: Spot and Forward ($/)

Use the table to answer the following question(s).
Yen: Spot and Forward(/$)Pound: Spot and Forward ($/)
	Mid Rates	Bid	Ask		Mid Rates	Bid	Ask
Spot	129.87	129.82	129.92		1.4484	1.4481	1.4487
Forward Rates
1 month	129.68	-20	-18		1.4459	-26	-24
6 months	128.53	-136	-132		1.4327	-160	-154
Swaps
2 year	117.65	1232	1212		1.425	-238	-230
3 year	115.5	1452	1422		1.4225	-265	-253
Q8
The current spot rate of dollars per pound as quoted in a newspaper is ________ or ________. The following are the multiple choices 1.4484/$; $0.6904/ 1.4487/$; $0.6903/ $1.4484/ ; 0.6904/$ $1.4481/ ; 0.6906/$