Use the table to complete the following questions:

Quote from Bank ABC:

	Yen: Spot and Forward (/$)	Pound: Spot and forward (AU$/$)
	Mid rates	Bid	Ask	Mid rates	Bid	Ask
spot	96.87	96.82	96.92	1.3264	1.3240	1.3288
Forward
1-month		28	20		22	24
6-month		126	132		164	160

Part a. What should be the direct quotation between AUD/JPY (Japanese Yen per Australian Dollar? Please find the cross rate between the two. You need to find both cross bid and cross offer.

Part b. What are the 1-month and 6-month forward bid and ask rates for Japanese Yen?

Part c. What are the 1-month and 6-month forward bid and ask rates for the Australian Dollar?