Stetson Bank quotes a bid rate of $.784 for the Australian dollar and an ask rate of

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Stetson Bank quotes a bid rate of $.784 for the Australian dollar and an ask rate of $.80. What is the bid/ask percentage spread?

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Financial Markets And Institutions

ISBN: 9781285531502

10th Edition

Authors: Jeff Madura

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Question Posted: May 31, 2024 11:00 AM

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Stetson Bank quotes a bid rate of $.784 for the Australian dollar and an ask rate of

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Financial Markets And Institutions

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