Use the table to complete following questions:

	Canadian Dollar: Spot and Forward (C$/$)			Euro: Spot and forward ($/)
	Mid rates	Bid	Ask	Mid rates	Bid	Ask
spot	1.2645	1.2639	1.2651	1.2390	1.2387	1.2393
Forward
3-week		23	27		19	15
3-month		135	128		155	146

7a. How much $100 will cost you in Canadian Dollar and Euro? (Hint: you are buying USD).

7b. What are 3-week and 3-month forward bid and ask rate for Canadian Dollar and Euro

7c. Based on information above, what are the profit margin for the traders between Canadian Dollar and Euro? (Hint: the bid-offer spread % is the profit margin for dealers; you need to find the cross bid-offer rate between Canadian Dollar and Euro; use American Terms to show cross-rate)