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assume that a banks bid rate on swiss francs is $1.11 and its rate is $1.13 its bid-ask percentage spread is A. 1.77% B. -1.77%
assume that a banks bid rate on swiss francs is $1.11 and its rate is $1.13 its bid-ask percentage spread is A. 1.77% B. -1.77% C. 5.2% D. -5.2%
A. 1.77%
B. -1.77%
C. 5.2%
D. -5.2%
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