Question
21-1 Assume the foreign exchange selling rates shown below for a few selected currencies US $ equivelant a-British Pounds $1.4022 b-Indian Rupees $0.0153 c-Japanese Yen
21-1 Assume the foreign exchange selling rates shown below for a few selected currencies
| US $ equivelant | |
| a-British Pounds | $1.4022 |
| b-Indian Rupees | $0.0153 |
| c-Japanese Yen | $0.0094 |
| d-Australian Dollars | $0.7716 |
| e-Mexican Pesos | $0.0538 |
| f-Israeli Shekels | $0.2878 |
Calculate the number of the following foreign currencies that can be bought with 1 million US dollars
| a-British Pounds |
| b-Indian Rupees |
| c-Japanese Yen |
| d-Australian Dollars |
| e-Mexican Pesos |
| f-Israeli Shekels |
I assume it is just $1000000*exchange rate of each country but want to be sure. Please show calculations
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
