土豆妮

Today’s spot CAD bid exchange rate is EUR:CAD 1.425 and the ask exchange rate is EUR:CAD 1.435. The percent spread is closest to:

A) 0.697%.

B) 0.702%.

C) 0.489%.

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The percentage spread is the same irrespective of how the quote is made. The percentage spread is calculated as: (1.435 ? 1.425) / 1.435 × 100 = 0.697%