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6. In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.2410-$1.2425. The big

6. In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.2410-$1.2425. The "big figure," assumed to be known to all traders is ________. (Points : 3.5)
25 1.24 10 1

Question 7. 7. Continued from question 6, the currency dealer would likely quote that as ________. (Points : 3.5)
15 points 25-10 10-25

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