Part 3: Use the table below to answer the following questions (use 4 decimal points). USS Bank Quotations Bld Ask British pounds $1.9712/ $1.9717/ Euros $1.4738/51.472 1. Are the above bid/ask price quotes (direct or Indirect quotes in U.S.7 (0.2) 2. Please find Bid-Ask spread for $/. To eam credits, you must show all your works. (0.2) 3. Please find Bld-Ask spread for $/. To eam credits, you must show all your works. (0.2) 4. You have $1,000,000. And you want to exchange $1,000,000 for . How much will you have in ? To earn credits, you must show all your works. (0.4) 6. You want to buy 1,000,000. How much will you spend in 8? To eam credite, you must show all your works. (0.4) 6. You have $1,000,000. And, you want to exchange $1,000,000 for . How much will you have in ? To earn credits, you must show all your works. (0.4) 7. You want to buy 1,000,000. How much will you spend in $? To carn credito, you must show all your works. (0.4) 8. What are the bid price quotes for the value of pound in terms of euro? To earn credits, you must show all your works. (0.4) 9. What are the ask price quotes for the value of pound in terms of euro? To earn credits, you must show all your works. (0.4) 10. Please find Bid-Ask spread for CIE. To eam credits, you must show all your works.(0.2) 11. What are the bid price quotes for the value of euro in terms of pounds? To eam credia, you must show all your worits. (0.4) 12. What are the ask price quotes for the value of euro in terms of pounds? To earn credits, you must show all your works. (0.4) 13. Please find Bld-Ask spread for ele. To sam credits, you must show all your works. (0.2) 14. You have 1,000,000. And, you want to exchange 1,000,000 for . How much will you have In ? To sem credits, you must how all your works. (1) 16. You have 1,000,000. And you want to exchango 1,000,000 for L. How much will you have In ? To earn credits, you must show all your works. (1)