Assume that a bank's bid rate on Japanese yen is $.0041 and its ask rate is $.0043. Its bid-ask percentage spread is:
A) about 4.99%.
B) about 4.88%.
C) about 4.65%.
D) about 4.43%.
Correct Answer:
Verified
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A) the interest rate commonly charged
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Q7: The international credit market primarily concentrates on:
A)
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A)
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