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Assume that a bank's bid rate on Singapore Dollar is $.726 and its ask rate is $.738 Its bid-ask percentage spread is: about 2.15%. about

Assume that a bank's bid rate on Singapore Dollar is $.726 and its ask rate is $.738 Its bid-ask percentage spread is:

about 2.15%.

about 1.94%.

about 1.22%.

about 1.63%.

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