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9) Find synthetic bid exchange rate if you observe the following bid-ask quotes: 1.68-1.71 $/ 1.43-1.45 S/ Important: Your answer must state the bid rate

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9) Find synthetic bid exchange rate if you observe the following bid-ask quotes: 1.68-1.71 $/ 1.43-1.45 S/ Important: Your answer must state the bid rate only. If you will provide both bid and ask rates - you will receive zero mark for this

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