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Assume that a bank's bid/ask quotation on Japanese yen is JPY/USD = 0.00754/62. What is the bid/ask spread of Japanese yen (in percent)? (Do not

Assume that a bank's bid/ask quotation on Japanese yen is JPY/USD = 0.00754/62. What is the bid/ask spread of Japanese yen (in percent)? (Do not round intermediate calculations and enter your answer rounded to 2 decimal places)

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