Question: EXCEL FORMAT ONLY PLEASE.. No writing please. 13.[EXCEL]Bid-ask spread: A local community bank has requested foreign exchange quotes for the Swiss Franc from Citibank. Citibank

EXCEL FORMAT ONLY PLEASE.. No writing please.

13.[EXCEL]Bid-ask spread: A local community bank has requested foreign exchange quotes for the Swiss Franc from Citibank. Citibank quotes a bid rate of $1.0934/SF and an ask rate of $1.0997/SF. What is the bid-ask spread?

14. [EXCEL]Bid-ask spread: A foreign exchange dealer is willing to buy the Danish krone (DKr) at $0.1556/DKr and will sell it at a rate of $0.1563/DKr. What is the bid-ask spread on the Danish krone?

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