American Terms

Bank Quotations BID ASK

British Pound $1\mathrm{.}2541\mathrm{.}257$

Euro $1\mathrm{.}0541\mathrm{.}058$

Canadian Dollar $0\mathrm{.}7670\mathrm{.}769$

The Table above contains foreign exchange quotations in American Terms for some currencies. Using the information above, calculate the BID quote for the Euro in European Term