You are given the following information about currency rates for sterling spot and forward

Spot 1-Month forward 3-Months forward

Canadian (dollar) 1.8630 1.8640 0.30 0.20c pm 0.90 0.80 pm

Belgium (franc) 72.20 72.30 10 20c dis 45 55 dis

Denmark (kroner) 13.01 13.02 44 - 45 ore dis 18 - 19 dis

Germany (euro) 3.06 - 3.07 2 - 1 c pm 5 - 5 pm

Required:

Calculate the cost or value in Sterling to a customer who wishes to:

1. Buy Canadian $ 25,000 spot;
2. Buy Belgian francs 75,000 three months forward;
3. Sell Danish kroner 20,000 three months forward;

Sell Euro 6,000 one month forward

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