Use the table to answer following question(s). \/$ \/$ \/$ (Mid Rate) (Bid Rate) (Ask Rate) spot 85.435 85.41 85.46 1 month 85.035 85.02 85.05 2 months 84.880 84.86 84.90 3 months 84.395 84.37 84.42 6 months 83.185 83.17 83.20 12 months 82.890 82.87 82.91 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 81.805/$; $0.0122/\ 84.880/$; $0.0118/4 85.035/$; $0.0118/\ 85.435/$; $0.0117/