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1. Suppose a Japanese car sells for 10,000,000 yen in Japan. If the current yen/dollar exchange rate is 100 yen = 1 U.S. dollar, what

1. Suppose a Japanese car sells for 10,000,000 yen in Japan. If the current yen/dollar exchange rate is 100 yen = 1 U.S. dollar, what would be the cost of the car in U.S. dollars if it is imported into the United States? Show your work. (2 points)

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