Question
1. Janina inherited 100 000 Polish zlotich (PLN) from her grandmother, and wants to deposit them in her US bank account. She has obtained the
1. Janina inherited 100 000 Polish zlotich (PLN) from her grandmother, and wants to deposit them in her US bank account. She has obtained the following indirect bid-ask rates: 3.8914 3.8901. How many USD will be reflected in her US bank account?
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
