### Multinational Corporate Finance

1. Assume that a bank's bid rate on Swiss francs is $.45 and its ask rate is $.47. Its bid ask percentage spread is: a) 4.44%. b) 4.26%. c) 4.03%. d) 4.17%. 2. Assume the Canadian dollar is equal to $.88 and the Peruvian Sol is equal to $.35. The value of the Peruvian Sol in Canadian dollars is: a)