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Canvas A Question 36 1 pts Assume that you convert $10,000 into British pounds and immediately afterwards you convert them back into American dollars. The
Canvas A Question 36 1 pts Assume that you convert $10,000 into British pounds and immediately afterwards you convert them back into American dollars. The bank quoted you a bid price of $1.55/GBP and an ask price of $1.65/GBP. Please estimate the dollar amount you lost in this round trip transaction. $645.16 $ 1.500 O $606.06 O $ 1.000 Question 37 1 pts Percentage bid/ask quotes will be higher: for a currency with lower liquidity at an investment bank like Goldman Sachs compared to a local bank for a currency with lower volatility for Euros compared to Turkish Liras Question 38 1 pts If multiple dealers have posted different bid-ask quotes on currency then you should MacBook A
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