can you please help with questions 1 and 2? for number 1 we have to find the bid and ask rates.

8- Homework2 (5) - Protected View - Saved to this PC- O Search Enable Editing out References Mailings Review View Help contain viruses. Unless you need to edit, it's safer to stay in Protected View Spring 2020 Homework 2 (3 points: max) You can do this homework individually or with your group Due on April 6th, 2020 in class. 1. Assume you have the following information: USD/MXN -18.51/18.52 and USD/NZD -1.2965/1.2969. Calculate NZD/MXP. (0.5 point) 2. Assume you have the following inform EUR/USD -1.2315/1.2318 EUR/CHF =1.1231/1.1233 USD/CHF =0.9123/0.0.9124 If you have $1 million, what is your strategy to earn profits? (1.0 point) 3. Beth Miller does not believe that the international Fisher effect (IFE) holds. rates in Europe are 5 percent, while one-year interest rates in the U.S. are 3 perc $100,000 to euros and invests them in Germany. One year later, she converts the The current spot rate of the euro is $1.10. (1.0 point) a. According to the IFE, what should the spot rate of the euro in one year b. If the spot rate of the euro in one year is $1.00, what is Beth's percentage c. If the spot rate of the euro in one year is $1.08, what is Beth's percentage