A local community bank has requested foreign exchange quotes for the Swiss Franc from Citibank. Citibank quotes

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A local community bank has requested foreign exchange quotes for the Swiss Franc from Citibank. Citibank quotes a bid rate of $1.0934/SF and an ask rate of $1.0997/SF. What is the bid-ask spread?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:45 AM

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A local community bank has requested foreign exchange quotes for the Swiss Franc from Citibank. Citibank quotes

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Fundamentals of corporate finance

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