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Bid Ask AUDUSD 6.6614 0.7515 GBPUSD 1.2921 1.3911 Sydney Mint Australian company imported 32 tons of copper from LMM, a UK Supplier (GBP). The cost

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Bid Ask AUDUSD 6.6614 0.7515 GBPUSD 1.2921 1.3911 Sydney Mint Australian company imported 32 tons of copper from LMM, a UK Supplier (GBP). The cost of the copper as per the invoice from the supplieris 180,000 GBP 1. Calculate the cost in AUD for Sydney Mint 2. Calculate Bid/Ask Spread for GBPUSD 3. Give any three features of the spot market Paragraph P

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