Question: Based on the table for the rates published in the US below,find the / cross bid and ask rates and fill in the table. You

Based on the table for the rates published in the US below,find the / cross bid and ask rates and fill in the table. You need to show the steps how you get your answers.(Numbers should be rounded to 4 decimal places. Please include currency symbols $, and )

USD Quotations

Bank

Direct Indirect

American TermsEuropean Terms

Bid Ask Bid Ask

Between and $ 1.5924 1.5929 .6278 .6280

Between and $ 1.3509 1.3514 .7400 .7402

Between and 1.1784 1.17910.84810.8486

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