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please show work Bid Bank Quotations British pounds Euros American Terms Bid Ask $1.9712 $1.9717 $1.4738 $1.4742 European Terms Ask 0.5072 0.5073 0.6783 0.6785 At

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Bid Bank Quotations British pounds Euros American Terms Bid Ask $1.9712 $1.9717 $1.4738 $1.4742 European Terms Ask 0.5072 0.5073 0.6783 0.6785 At what cross-rate would a bank/forex dealer buy euros from his clients? 1. 0.7479 2.0.7475 3. 1.3378 1.3371 4

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