What bid and ask yen cross rates would you quote on spot, Financial Management

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What bid and ask yen cross rates would you quote on spot

Assume you are a foreign exchange trader at Sumitomo Bank. One of your customers would like a yen quote on Australian dollars. Current market rates are:

Spot JPY/USD 101.37-85 AUD/USD 1.2924-44

30-day forward (in points) 15-13 20-26 ??

a) What bid and ask yen cross rates would you quote on spot Australian dollars (JPY/ AUD)?

b) What outright yen cross rates would you quote on 30-day forward Australian dollars (JPY/AUD)?

c) What is the annualized forward premium or discount on buying 30-day Australian dollars against yen delivery?

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Financial Management: What bid and ask yen cross rates would you quote on spot

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