Question: Please explain why the answer is C rather than A If the $/sum bid and ask prices are $1.50/sum and $ 1.51/sum, respectively, the corresponding

Please explain why the answer is C rather than A

If the $/sum bid and ask prices are $1.50/sum and $ 1.51/sum, respectively, the corresponding sum/$ bid and ask prices are sum0.6667 and sum0.6623. $1.51 and $1.50. sum0.6623 and sum0.6667. cannot be determined with the information given

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