A quote EUR/AUD 1.6035-37 has a spread of _ points.Question 8Select one:a.0.012%b.60c.35d.2

Question

A quote EUR/AUD 1.6035-37 has a spread of _ points.Question 8Select one:a.0.012%b.60c.35d.2
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Solution 1

The spread of a currency quote is the difference between the bid price and the ask price. In the given quote EUR/AUD 1.6035-37, the bid price is 1.6035 and the ask price is 1.6037.

Step 1: Identify the bid and ask prices. Here, bid price = 1.6035 and ask price = 1.6037.

Step 2: Calculate the sprea Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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