An investor purchased 20,000,000 Japanese yen at an exchange rate of 113.25.yen to the dollar.The yen cost her [blank].Round answer to the nearest dollar.
A) $2,265,000,000
B) $17,660,044
C) $197,414
D) $176,600
Correct Answer:
Verified
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A) importers
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A)
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Q10: Forward rates are quoted
A)in direct form.
B)in indirect
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Q15: An investor purchased 1,000,000 Canadian dollars at
Q16: One US dollar buys 112 yen and
Q20: Which of the following statements about exchange
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