Question
The spot quote in New York for is $ 1.5912-1.6024 and for is $ 1.1193-1.1226. Calculate the bid-ask spread percentage for euro per pound sterling.
The spot quote in New York for is $ 1.5912-1.6024 and for is $ 1.1193-1.1226.
Calculate the bid-ask spread percentage for euro per pound sterling.
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
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