Crazy Boris Export Company plans to receive 200,000 British pounds in six months from now. Suppose at this time, 1 U.S. dollar = 0.81 British pounds. In U.S. dollars, what amount does in U.S. dollars does Boris expect to receive?
A) $200,000
B) $162,000
C) $246,914
D) None of the above
Correct Answer:
Verified
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