You observe the following exchange rate quotations: pound 1 is equal to $1.31 and euros 1 is equal to $1.19. How many euros will you need to purchase 125 million pounds? The 180-day forward rate of the US dollar is quoted at JPY 79.5, and the spot rate of the US dollar is quoted at JPY 77.7. The forward is present premium (or discount) at what percent? Assume the bid/ask percentage spread for Mexican peso retail transactions is 11%, if the bid rate is $.0792, what is the ask rate