Question
A foreign exchange dealer is willing to buy the Danish krone (DKr) at $0.1550/DKr and will sell it at a rate of $0.1555/DKr. What is
A foreign exchange dealer is willing to buy the Danish krone (DKr) at $0.1550/DKr and will sell it at a rate of $0.1555/DKr. What is the bid-ask spread on the Danish krone? (Round answer to 2 decimal places, e.g. 17.52%.)
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Advanced Engineering Mathematics
Authors: ERWIN KREYSZIG
9th Edition
0471488852, 978-0471488859
