Question: Use the table to answer following question(s). /$ /$ /$ (Mid Rate) (Bid Rate) (Ask Rate) spot 85.41 85.46 85.435 1 month 85.02 85.05 85.035

 Use the table to answer following question(s). \/$ \/$ /$ (Mid

Use the table to answer following question(s). \/$ \/$ /$ (Mid Rate) (Bid Rate) (Ask Rate) spot 85.41 85.46 85.435 1 month 85.02 85.05 85.035 2. 84.86 84.90 months 84.880 3 84.37 84.42 months 84.395 83.17 83.20 83.185 6 months 12 months 82.87 82.91 82.890 24 months 81.805 81.79 81.82 Refer to the above Table. The current spot rate of dollars per pound as quoted in a newspaper is or O 981.805/S: S0.0122/ OY85 435/5, 30.0117/ 485.035/S: $0.0118/ O Y84.880/S: 50.0118/

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