Question: Question 2 of 10 -/4 E View Policies Current Attempt in Progress The foreign exchange department of Bank of America has a bid quote on

Question 2 of 10 -/4 E View Policies Current Attempt in Progress The foreign exchange department of Bank of America has a bid quote on Canadian dollars (C$) of C$0.8640/$. If the bank typically tries to make a bid-ask spread of 0.5 percent on these foreign exchange transactions. what will the ask rate have to be? (Round answer to 2 decimal places, eg, 52.75.) The ask rate has to be CS 75 Sve for it Attempts unlimited Sant A

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