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Question: question 1andnbspthe exchange rate of usdaud is quoted at 074...

Question details

Question 1: 

The exchange rate of USD/AUD is quoted at 0.74 - 0.77. What is the bid ask spread?

Question 2:

A forward is quoted at 8 bps. The current spot price for the same underlying assets of forward is 1.7705. What is the forward price?

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