QUESTION $2$

$($i$)$ Given the following spot rate for USD$/1\mathrm{.}2926\frac{?}{+}=0\mathrm{.}0034.$ How much should it cost a UK customer wishing to buy an equipment costing USD $100,000.$

$($ii$)$ Given below are spot and forward rates expressed in US dollars per unit of the Euro and pound

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