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In June 1994 the central bid-ask rates for the French franc and the Dollar on...

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In June 1994 the central bid-ask rates for the French franc and the Dollar on one hand, and the German Mark and Dollar on the other were: FF/ $ 6,9032- 299, MS-2.010 - 49. a. Very briefly, name two factors that influence bid-ask spreads, and the direction of the influence b. Obtain the FF/M bid-ask cross rates, and precisely interpret them. In June 1994 the central bid-ask rates for the French franc and the Dollar on one hand, and the German Mark and Dollar on the other were: FF/ $ 6,9032- 299, MS-2.010 - 49. a. Very briefly, name two factors that influence bid-ask spreads, and the direction of the influence b. Obtain the FF/M bid-ask cross rates, and precisely interpret them

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