Use the following information to answer the following question(s) .
Below is an excerpt from Table 19.1,Foreign Exchange Ratrd (January 8,2010) that appears in your text.(Sources The Wall Street Journal and Reuters)
-Assume that your firm must pay 10,000,000 rupees to an Indian firm.How much will you have to pay in U.S.dollars.
A) $2,199,000
B) $219,900
C) $454,752,000
D) $$454,752
Correct Answer:
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