A bank gives you a bid-ask quote on the bgn bulgarian lev, Financial Management

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A bank gives you a bid-ask quote on the bgn bulgarian lev

1. A bank gives you a bid-ask quote on the BGN (Bulgarian lev), of 0.76 - 0.8 USD/BGN. What is the percentage bid-ask spread?

2. Live Co. expects cash inflows of 200K USD from domestic operations, 200K CHF from Swiss operations, and 150K EUR from Italian operations this year. The average exchange rates are expected to be 1.18 USD/CHF for the Swiss franc, and 1.22 USD/EUR for the Euro. What is the total expected USD value of cash inflows for Live Co? Enter answer in thousands.

3. You get a quote of 0.14 USD/ARS, and 35 THB/USD. What is the resulting ARS/THB exchange rate?

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Financial Management: A bank gives you a bid-ask quote on the bgn bulgarian lev

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Financial Management: A bank gives you a bid-ask quote on the bgn bulgarian lev

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