Question: Part 3: Use the table below to answer the following questions (use 4 decimal points). US$ Bank Quotations Bid Ask British pounds $1.9712/ $1.9717/ Euros

 Part 3: Use the table below to answer the following questions

Part 3: Use the table below to answer the following questions (use 4 decimal points). US$ Bank Quotations Bid Ask British pounds $1.9712/ $1.9717/ Euros $1.4738/ $1.4742/ 1. Please find Bid-Ask spread for /. To earn credits, you must show all your works. (0.2) 2. You have 1,000,000. And, you want to exchange 1,000,000 for . How much will you have in ? To earn credits, you must show all your works. (1) 3. You have 1,000,000. And, you want to exchange 1,000,000 for . How much will you have in ? To earn credits, you must show all your works. (1)

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