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18. A US-based MNC wishes to sell 2,000,000 received from a French customer. With the quote given below, determine how much this company can actually
18. A US-based MNC wishes to sell 2,000,000 received from a French customer. With the quote given below, determine how much this company can actually get back.
Bank | Currency Pair | Bid | Ask | Handling Fees |
XYZ | USDEUR (/$) | 0.6890 | 0.6891 | USD 150 |
____
- $2,902,336
- $2,902,650
- $2,902,186
- $2,902,520
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