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3. Given the bid-ask quotes for jpy/gbp 220-240, at what rate will: (a) gbp be purchased? 2 MARKS (b)gbp sold? 2 MARKS (c) jpy be

3. Given the bid-ask quotes for jpy/gbp 220-240, at what rate will: (a) gbp be purchased? 2 MARKS (b)gbp sold? 2 MARKS (c) jpy be purchased? 2 MARKS (d) jpy be sold? 2 MARKS

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