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The bid-ask spreads on February 3 , 2020 were 1.1060 - 1.1065 $/euro 31.04 - 31.08 Thai baht/$. Assuming a corporation could transact at these
The bid-ask spreads on February 3 , 2020 were
1.1060 - 1.1065 $/euro
31.04 - 31.08 Thai baht/$.
Assuming a corporation could transact at these interbank rates, at which price could it buy euros
using dollars? How many dollars could it get for 50 million Thai baht?
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