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You observe the following spot and forward bid-ask rates for the INR/CAD and AUD/CAD exchange rates: Spot INR55.35-85/CAD AUD1.3730-46/CAD 30-day 25-13 20-29 What is the

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You observe the following spot and forward bid-ask rates for the INR/CAD and AUD/CAD exchange rates: Spot INR55.35-85/CAD AUD1.3730-46/CAD 30-day 25-13 20-29 What is the outright bid price for the INR cross-rate on 30-day forward Australian dollars? O a. 75.9003 O b. 40.3630 O c. 40.5336 O d. 40.4404 O e. 40.0000

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