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A bank in London, Ontario has a buying rate of CHF1=C$1.2841. If the exchange rate is CHF1=C$1.3135, calculate the rate of commission that the bank

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A bank in London, Ontario has a buying rate of CHF1=C$1.2841. If the exchange rate is CHF1=C$1.3135, calculate the rate of commission that the bank charges. % Round to two decimal places

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