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Question 21 5 pts A small money exchange in the city center in Singapore has a bid/ask for US dollar of 1.2345 - 60. The
Question 21 5 pts A small money exchange in the city center in Singapore has a bid/ask for US dollar of 1.2345 - 60. The local bank has a bid/ask spread of 1.2351-54. What is the maximum spread the money exchange can make? (A) 0.0009 (B) 0.0015 (C) 0.0003 (D) 0.0006
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