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Question 6 1 pts Suppose the spot bid exchange rate is $1.1230/ $ and the spot ask exchange rate is $1.1240/$. If you were to
Question 6 1 pts Suppose the spot bid exchange rate is $1.1230/ $ and the spot ask exchange rate is $1.1240/$. If you were to buy $10,000,000 worth of British pounds and then sell them one minute later, how much of your $10,000,000 would be "eaten" by the bid- ask spread? $10,000 $100,000 $7,119 $8,897
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