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Basic Question 7 of 12
The price for South Africa rand is $0.1945-67. What is the percent spread for this currency?
B. 1.12%
C. 1.13%
A. 0.99%
B. 1.12%
C. 1.13%
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Learning Outcome Statements
describe the foreign exchange market, including its functions and participants, distinguish between nominal and real exchange rates, and calculate and interpret the percentage change in a currency relative to another currency
CFA® 2025 Level I Curriculum, Volume 1, Module 7.