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Determine the bid-ask spread for the euro

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Reference no: EM131609688

Question: Explaining Variation in Bid/Ask Spreads Go to the currency converter at finance.yahoo.com/currency and determine the bid/ask spread for the euro. Then determine the bid/ask spread for a currency in a less developed country. What do you think is the main reason for the difference in the bid/ask spreads between these two currencies?

Reference no: EM131609688

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