1. 2. Bid-ask prices (beginner). A currency trader at UBS in New York City quotes to a customer the Swissie-dollar as CHF 1.1975-85 = US$1. What is the bid price for the U.S. dollar? What is the bid price for the Swiss franc? At what price is UBS willing to sell Swiss francs to its customer? What is the percentage spread of the bid-ask quote?