Well Fargo quotes the following rates for the U.S. dollar. Bid ( /$) Ask (/$) Spot rate 0.7611 0.7613 1-month forward 0.8938 0.8942 3-month forward 0.9028 0.9032 6-month forward 0.9164 0.9168 12-month forward 0.9443 0.9447 What would you receive from Well Fargo if you sold $10 million at the 3-month forward rate? 11,076,650.42 9,028,000 11,071,744.91 9,032,000