CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

What would the bid-ask spread be for pound sterling quoted at :$ = 1.4419-28?
A. 0.64%
B. 0.062%
C. 0.63%
Explanation: Percent spread = [(1.4428 - 1.4419)/1.4428] x 100 = 0.062%

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