You are given the following foreign exchange quotations by a bank $($the quotes are per $1$ NZD$)$:

Use the information above to answer the questions that follow.

$($a$)$ For a client, how much JPY could $1$ million USD buy, at the spot?

Select one alternative

JPY $164,963,610$

JPY $166,041,576$

JPY $164,747,783$

JPY $166,259,098$

$($b$)$ For a client who is expected to receive $1$ million GBP in six months, how much NZD could be bought using six$-$

month forward contracts?

Select one alternative

NZD $2,328,289$

NZD $2\mathrm{.}050,861$

NZD $2,374,733$

NZD $2,047,083$