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2. Suppose the spot quote on the euro is $0.9302-18 and the spot quote on the Swiss franc is $0.6180-90. Compute the percentage bid-ask spreads

2. Suppose the spot quote on the euro is $0.9302-18 and the spot quote on the Swiss franc is $0.6180-90. Compute the percentage bid-ask spreads on the euro and the franc, then calculate the direct spot quote for the franc in Paris.

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