ID Number: @ Student Name .0041 and its ask rate is $.0043. Its bid-ask 2. Assume that a bank's bid rate on Japanese yen is s percentage spread is A) about 4.99%. B) about 4.88%. C) about 4.65%. D) about 4.43%. one-year forward rate of the British pound is quoted at $1.60, and the spot rate of th ed at $1.63. The forwardispercent. 1.9