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A bank in Mississauga has a buying rate of 1=C$0.01196. If the exchange rate is 1= C$0.01246, calculate the rate of commission that the bank

A bank in Mississauga has a buying rate of 1=C$0.01196. If the exchange rate is 1= C\$0.01246, calculate the rate of commission that the bank charges to buy currencies. % Round to two decimal places

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