Aussie Dollar Forward. Use the following spot and forward bid-ask rates for the U.S. dollar/Australian dollar (US$ = A$1.00) exchange rate from December 10, 2010, to answer the following questions: a. What is the midrate for each maturity? b. What is the annual forward premium for all maturities? c, which maturities have the smallest and largest forward premiums? (Click on the-icon to import the table into a spreadsheet.) Period Bid Rate Ask Rate spot 1 month 2 months 3 months 6 months 12 months 0.98207 0.97882 0.97563 0.97228 0.96155 0.93956 0.98236 0.97919 0.97598 0.97277 0.96209 0.94030 Days Bid Kate Ask Kate Period Forward USSIAS USSIAS Spot 1 month 2 months 3 months 30 60 90 0.98207 0.97882 0.97563 0.97228 0.98236 0.97919 0.97598 0.97277 Enter any number in the edit fields and then continue to the next question. Save for Later