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1. = A bank in Mississauga has a buying rate of 1 = C$0.01041. If the exchange rate is 1 = C$0.01081, calculate the rate

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= A bank in Mississauga has a buying rate of 1 = C$0.01041. If the exchange rate is 1 = C$0.01081, calculate the rate of commission that the bank charges to buy currencies. % Round to two decimal places

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