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A bank has quoted today's exchange rates for Japanese Yen as follows: bid rate is $0.0053 and ask rate is $0.0057. Given this information, the

A bank has quoted today's exchange rates for Japanese Yen as follows: bid rate is $0.0053 and ask rate is $0.0057. Given this information, the bid - ask spread is:

5.16%

7.55%

5.40%

4.26%

7.02%

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