Solved: Compute percentage bid-ask spreads on the euro and franc, Finance Basics

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Compute percentage bid-ask spreads on the euro and franc

Assignment:

Suppose the spot quote on the euro is $0.9302-28, and the spot quote on the Swiss franc is $0.6180-95.

How would I compute the percentage bid-ask spreads on the euro and franc?

And what would the direct spot quote be for the franc in Frankfurt?

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Finance Basics: Compute percentage bid-ask spreads on the euro and franc

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Finance Basics: Compute percentage bid-ask spreads on the euro and franc

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