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Question 20 1 pts The table below presents bid ask quotes for Swiss Franc (CHF) from several currency dealers around the world, Currency Dealer Hong
Question 20 1 pts The table below presents bid ask quotes for Swiss Franc (CHF) from several currency dealers around the world, Currency Dealer Hong Kong Zurich New York London CHF Bid/Ask $0.4460 $0.4471 $0.4469 $0.4464 Quote 0.4471 0.4474 0.4476 0.4470 If all traders try to maximize profits, then the bid price of the dealer will Zurich, decrease New York, increase Hong Kong; decrease London; increase Question 21 1 pts The table below presents bid-ask quotes for Swiss Franc (CHF) from several currency dealers around the world. Currency Dealer in Hong Kong Zurich New York London CHF Bid/Ask Quotes $0.4460 - $0.4471- $0.4469 $0.4464 - 0.4471 0.4474 0.4476 0.4470 If all traders try to maximize profits, then the ask price of the dealer will London; increase Hong Kong: decrease New York, increase Zurich; decrease
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