The following exchange rates are quoted: GBP/AUD 0.40200.4040 AUD/EUR 1.701.72 Calculate the bidoffer spread on the exchange rate between the pound and the euro expressed in direct quotation from a British perspective.

4. The following exchange rates are quoted: GBP/AUD 0.4020-0.4040 AUD/EUR 1.70-1.72 Calculate the bid-offer spread on the exchange rate between the pound and the euro expressed in direct quotation from a British perspective