You find yourself in a difficult position. You CEO has asked you to help her rank these 6 agencies in terms of currency forecasting expertise. You obtain the following information from your departments for the Mexican Peso value for 180 days:

Current spot rate: $ 0.0995/MP (MP = Mexican Peso)

180 day forward rate: $ 0.0875/MP

Forecast of the 180-day rate from agency 1: $ 0.1200/MP

Forecast of the 180-day rate from agency 2: $ 0.0800/MP

Forecast of the 180-day rate from agency 3: $ 0.1500/MP

Forecast of the 180-day rate from agency 4: $ 0.0895/MP

Forecast of the 180-day rate from agency 5: $ 0.1000/MP

Forecast of the 180-day rate from agency 6: $ 0.0994/MP

The actual spot rate 180 days from now: $ 0.0825/MP

Can you rank the agencies in terms of their forecasting expertise. Please provide all work.