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Assume that an Australian bank's bid rate on Japanese yen is AUD 0.0041/Yen and the bid-ask spread is 2 pips. Its bid-as

Posted: Thu Apr 28, 2022 1:25 pm
by answerhappygod
Assume that an Australian bank's bid rate on Japanese yen is AUD
0.0041/Yen and the bid-ask spread is 2 pips. Its bid-ask percentage
spread is: Select one: a. about 4.76%. b. about 4.65%. c. about
4.99%. d. about 4.43%.