1.1. Currency quotations (beginner). Ford Motor Company has successfully negotiated the sale of Volvo Car Corporation for...

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1.1. Currency quotations (beginner). Ford Motor Company has successfully negotiated the sale of Volvo Car Corporation for the cash amount of SEK 10 billion.

Svenska Handelbank quotes the Swedish krona at SEK 6.7100-37 = US$1.

What is the dollar amount that Ford Motor Company will receive?

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