Citigroup quotes Kroner as DKK 5.62/$ Bid and DKK 5.87/$ Ask. a)What are the bid and ask
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Question:
Citigroup quotes Kroner as DKK 5.62/$ Bid and DKK 5.87/$ Ask.
a)What are the bid and ask prices in American terms? Which currency is Citigroup buying and which is Citigroup selling at these prices?
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