What are the outright 90-day forward rates bidask that, Financial Management

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What are the outright 90-day forward rates bidask that

Suppose Credit Suisse provides the following quotes for spot and 90-day forward rateson the Swiss franc:

Spot :$0.7957−60

90-day forward rate (in points) :8−13

(a) What are the outright 90-day forward rates (bid/ask) that Credit Suisse is quoting?

(b) What is the annualized forward discount or premium associated with buying 90-daySwiss francs?

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