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6. (3 points) If the $/ bid and ask prices are $1.2515/ and $1.2518/, respectively, the corresponding /$ bid and ask prices are bid =

6. (3 points) If the $/ bid and ask prices are $1.2515/ and $1.2518/, respectively, the corresponding /$ bid and ask prices are

  1. bid = 0.7988/$, ask = 0.7990/$.
  2. bid = 0.7990/$, ask = 0.7988/$.
  3. bid = 1.2515/$, ask = 1.2518/$.
  4. bid = 1.2518/$, ask = 1.2515/$.

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