Question: Problem 3 . 1 1 The bank quotes: Bid: $ 0 . 5 8 4 1 / SFr Ask: $ 0 . 5 8 5
Problem
The bank quotes:
Bid: $SFr
Ask: $SFr
If another bank reverses the quote, meaning:
Bid: $SFr
Ask: $SFr
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