Yen Forward. Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (/$) exchange rate from September 16, 2010, to answer the following questions: a. What is the mid-rate quote for each maturity? b. What is the annual forward premium on the yen for all maturities? (Assume that the U.S. dollar is the home currency.) c. Which maturities have the smallest and largest forward premiums?(Click on the icon to import the table into a spreadsheet.) Period /$ Bid Rate /$ Ask Rate spot 80.9580.95 80.9980.99 1 month 80.5980.59 80.6380.63 2 months 80.4380.43 80.4880.48 3 months 79.9179.91 79.9679.96 6 months 78.6878.68 78.7178.71 12 months 78.3378.33 78.3778.37 24 months 77.2577.25 77.2877.28 a. What is the mid-rate quote for each maturity? Calculate the mid-rate for each maturity below:(Round to three decimal places.) Days Bid Rate Ask Rate Mid-rate Period Forward /$ /$ /$ Spot 0 80.95 80.99