Question
Use the following information to answer the next two questions. In terms of yen Currency Bid Ask US dollars 125 130 Pounds 140 144 Find
Use the following information to answer the next two questions.
| In terms of yen | ||
| Currency | Bid | Ask |
| US dollars | 125 | 130 |
| Pounds | 140 | 144 |
Find the ask quote for dollars in terms of pounds. Round intermediate steps to four decimals.
| 1.0769 | ||
| .9286 | ||
| 1.152 | ||
| .8681 |
Find the percentage bid/ask spread for pounds in terms of yen. Round intermediate steps and your final answer to four decimals.
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Crypto Asset Investing In The Age Of Autonomy
Authors: Jake Ryan
1st Edition
1119705363, 978-1119705369
