Question: (Indirect quotes) Compute the indirect quote for the spot and forward Canadian dollar, yen, and, and Swiss franc contracts.
Country Contract $/Foreign Currency
Canada-dollar Spot .8437
30-day .8417
90-day .8395
Japan-yen Spot .004684
30-day .004717
90-day .004781
Switzerland-franc Spot .5139
30-day .5169
90-day .5315