Question
A) If you sell $1 million to Chase Bank at a bid price of NOK8.9618/USD and change it at the offer rate, what is your
A) If you sell $1 million to Chase Bank at a bid price of NOK8.9618/USD and change it at the offer rate, what is your gain/loss in USD? In NOK?
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calculate your gainloss 1 Convert USD to NOK at the bid price Amount sold in USD 1000000 Bid price ...Get Instant Access to Expert-Tailored Solutions
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