Question $8$:

Using the quotations below, calculate the following:

Calculate the bid$/$ask spread percentage for the AUD in Hong Kong dollars.

Calculate the bank bid and the bank ask rate for USD in Norwegian Kroner.

Calculate the bank bid and the bank ask rate for the Swiss Franc in Hong Kong dollars.

Assume the USD appreciates by $4\%.$ Calculate the bank bid and the bank ask cross rate for the EUR in Malaysian Ringgit $($EUR$/$MYR$)$ AFTER the USD appreciation.

Hint: $4.$ After USD appreciation:

Bank bid for USD$/$MYR $=3\mathrm{.}87747**(7\mathrm{.}04)=4\mathrm{.}03257$

Bank bid for USD$/$EUR $=0\mathrm{.}8132**1\mathrm{.}04=0\mathrm{.}84572$

Bank ask for USD$/$MYR Bank ask for MYR$/$USD