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Solve the following problem using Python, implementing the functions described below, one line at a time
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Description:
 def exact(cls, value, precision=None):
 """Convert an integer, float or BigFloat with no loss of precision. Also convert a string with given precision. This constructor makes no use of the current context. """

        # figure out precision to use
        if isinstance(value, six.string_types):
            if precision is None:
                raise TypeError("precision must be supplied when "
                                "converting from a string")
        else:
            if precision is not None:
                raise TypeError("precision argument should not be "
                                "specified except when converting "
                                "from a string")
            if isinstance(value, float):
                precision = _builtin_max(DBL_PRECISION, PRECISION_MIN)
            elif isinstance(value, six.integer_types):
                precision = _builtin_max(_bit_length(value), PRECISION_MIN)
            elif isinstance(value, BigFloat):
                precision = value.precision
            else:
                raise TypeError("Can't convert argument %s of type %s "
                                "to BigFloat" % (value, type(value)))

        # Use unlimited exponents, with given precision.
        with _saved_flags():
            set_flagstate(set())  # clear all flags
            context = (
                WideExponentContext +
                Context(precision=precision) +
                RoundTiesToEven
            )
            with context:
                result = BigFloat(value)
            if test_flag(Overflow):
                raise ValueError("value too large to represent as a BigFloat")
            if test_flag(Underflow):
                raise ValueError("value too small to represent as a BigFloat")
            if test_flag(Inexact) and not isinstance(value, six.string_types):
                # since this is supposed to be an exact conversion, the
                # inexact flag should never be set except when converting
                # from a string.
                assert False, ("Inexact conversion in BigFloat.exact. "
                               "This shouldn't ever happen.  Please report.")

        return result