Question: Please use #6 to answer #7. 8. In cenversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a s/C

Please use #6 to answer #7. Please use #6 to answer #7. 8. In cenversation, interbank foreign

8. In cenversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a s/C bid-ask quote of s1.2410-$1.2423. The "big figure." assumed to be known to all traders is(Points: 3.5) 0 25 1.24 10 -. (Ponts : 3.5) 7. Continued frem question 6, the currency dealer would likely quote that a 13 paints 25, 10 10-25

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