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assume that a bank's bid rate on Swiss francs is $0.41 and it's ask rate is $0.47. it's bid/ask percentage spread is: a) about 8.47%
assume that a bank's bid rate on Swiss francs is $0.41 and it's ask rate is $0.47. it's bid/ask percentage spread is: a) about 8.47% b) about 4.26% c) about 12.76% d) about 6.44%
a) about 8.47%
b) about 4.26%
c) about 12.76%
d) about 6.44%
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Quantitative Corporate Finance
Authors: John B. Guerard Jr. Anureet Saxena, Mustafa Gultekin
2nd Edition
3030435466, 978-3030435462
