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Question 10 Not yet answered Marked out of 2 Flag question Al-Ain is an exchange company. They operate in Salalah. On 8 March 2021, they
Question 10 Not yet answered Marked out of 2 Flag question Al-Ain is an exchange company. They operate in Salalah. On 8 March 2021, they acquired 20,000 EURO by exchanging OMR. Al-Ain wants to make at least 0.5% spread profit from each transaction of OMR-EURO exchanges. Their bid rate is: 0.451 OMR/EURO. To reach their required % spread what should be the minimum ask rate? Select one: O a. 0.7517 O b. 9020.0000 O c. 0.4533 O d. 0.2255
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