Uverview, question b OT 8, I complete Problem 5-9 (algorithmic) Bid/Ask on Dollar/Euro Forwards. Use the following spot and forward bid-ask rates for the U.S. dollar/euro (US$/) from December 10, 2010, to answer the following questions: a. What is the mid-rate for each maturity? b. What is the annual forward premium for all maturities? c. Which maturities have the smallest and largest forward premiums? (Click on the icon to import the table into a spreadsheet.) Period spot 1 month 2 months 3 months 6 months 12 months 24 months Bid Rate 1.3197 1.3195 1.3193 1.3189 1.3180 1.3161 1.3114 Ask Rate 1.3198 1.3196 1.3194 1.3191 1.3183 1.3165 1.3143 a. What is the mid-rate for each maturity? Calculate the mid-rate for each maturity below: (Round to five decimal places.) Days Forward 0 Period Bid Rate US$1 1 .3197 Ask Rate US$1 1.3198 Mid-rate US$1 Spot Enter any number in the edit fields and then click Check Answer. Uverview, question b OT 8, I complete Problem 5-9 (algorithmic) Bid/Ask on Dollar/Euro Forwards. Use the following spot and forward bid-ask rates for the U.S. dollar/euro (US$/) from December 10, 2010, to answer the following questions: a. What is the mid-rate for each maturity? b. What is the annual forward premium for all maturities? c. Which maturities have the smallest and largest forward premiums? (Click on the icon to import the table into a spreadsheet.) Period spot 1 month 2 months 3 months 6 months 12 months 24 months Bid Rate 1.3197 1.3195 1.3193 1.3189 1.3180 1.3161 1.3114 Ask Rate 1.3198 1.3196 1.3194 1.3191 1.3183 1.3165 1.3143 a. What is the mid-rate for each maturity? Calculate the mid-rate for each maturity below: (Round to five decimal places.) Days Forward 0 Period Bid Rate US$1 1 .3197 Ask Rate US$1 1.3198 Mid-rate US$1 Spot Enter any number in the edit fields and then click Check