Amy has a small company is engaged in exporting products to


Amy has a small company is engaged in exporting products to America and it based in AU. Now you are the customer of AB Bank which has given the following quotes between US dollar and AU dollar. For Spot: BID price is 0.7346USD to 1 AUD; the ask price is 0.7348USD= 1AUD. for 3 month forward: the BID is 0.7349 USD=1AUD and ask price is 0.7352USD=1AUD. 6 month forward for BID is 0.7353USD=1AUD and 0.7357USD=1AUD for ask price. Is these direct or indirect quotes from perspective, and if it is direct quotes, could you convert it into indirect quotes; if it is indirect convert into direct.

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Basic Computer Science: Amy has a small company is engaged in exporting products to
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