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…

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/AUD; the ask price is 0.7348USD/AUD. for 3 month forward: the BID is 0.7349 USD/AUD and ask price is 0.7352USD/AUD. 6 month forward for BID is 0.7353USD/AUD and 0.7357USD/AUD 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. After this, you order product from American supplier and need you to buy US$100,000 in three months, and how many AU dollar you need, no commissions. If supplier send you one million in six months then how many AUD will receive in 6 month?

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