You have sold 104 million at a spot price of 104/$. One year later you pay dollars to buy back 104 million at the prevailing rate of 100/$. How much have you gained or lost in dollars? Citigroup quotes "DKK5.62/$ Bid and DKK5.87/$ Ask" Which currency is Citigroup buying at the DKK5.62/$ bid rate, and which currency is Citigroup selling at the DKK5.87/$ offer rate? If you sell $1 million to Citigroup at a bid price of DKK5.62/$ and simultaneously buy $1 million at their offer price of DKK5.87/$, how many Danish krona (krona is the plural of kroner) will you make or loss? What is Citigroup's kroner profit or loss on the transaction