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Answer: 1.1435
## Explanation To calculate the 6-month forward bid rate for EUR/GBP: - Spot bid rate = 1.1520 - Forward points for bid = -85 - Forward bid rate = Spot bid rate + Forward points = 1.1520 + (-0.0085) = 1.1435 Since the forward points are negative (-85/-83), we subtract them from the spot rates. The bid rate uses the bid forward points (-85), so: 1.1520 - 0.0085 = 1.1435 Therefore, the 6-month forward bid rate is closest to **1.1435**.
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