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ll T-Mobile 12:39 PM 95% 17 Suppose the spot ask ex. change rate, Sa($I2), is $1.90 1.00 and the spot bid exchange rate, Sb($IS), is $1.89 1.00. If you were to buy $10,000,000 worth of British pounds and then sell them five minutes later, how much of your $10,000,000 would be "eat. en" by the bid-ask spread? a) $1,000,000 b) $52,910.05 c) $100,000 d) $52,631.58 17/48 Upgrade to remove ads Only $1/month Listen to more Sapien audible books anywhere FREE AUDIOBOOK