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2 . 5 . 1 . The ARS / EUR Bid is 9 1 8 . 8 5 0 0 and the Offer is 9

2.5.1. The ARS/EUR Bid is 918.8500 and the Offer is 994.1055.(Our EUR is the base currency in this notation). What will the mid rate then be for the EUR/ARS quotation? (Hint: check the notation).
2.6.2. Based on the answer in 2.5.1 by how many pips did the EUR/ARS bid and offer rates differ? (Hint: check the notation).

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