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A foreign exchange dealer quotes the bid price as NOK 8 . 9 1 0 0 / USD and the ask price as NOK 8

A foreign exchange dealer quotes the bid price as NOK

8.9100 /

USD and the ask

price as NOK

8.9800 /

USD

.

How much is the spread as a percentage of the bid price?

0.7856 %

0.7795 %

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