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A bank quotes the following Bid: $1.15 per euro Offer: $1.17 per euro As a client, if you want to sell 1,000,000 euros to the
A bank quotes the following
Bid: $1.15 per euro
Offer: $1.17 per euro
As a client, if you want to sell 1,000,000 euros to the bank, you will receive
a. cannot be determined
b. $1,170,000
c. $1,150,000
d. $1,160,000
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