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3. (20 points) Local Currency per$1 USDollar Australian Dollar 1.301 British Pound 0.803 Canadian Dollar 1.318 Chinese Yuan 6.878 Euro 0.902 Hong Kong Dollar 7.764
3. (20 points) | Local Currency per$1 USDollar | |
Australian Dollar | 1.301 | |
British Pound | 0.803 | |
Canadian Dollar | 1.318 | |
Chinese Yuan | 6.878 | |
Euro | 0.902 | |
Hong Kong Dollar | 7.764 | |
Thai Baht | 35.02 | |
Japanese Yen | 113.16 | |
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Using the above exchange rates, answer the following:
B. ) Air France buys a Boeing 747 for $300 million. How much is this in local currency?
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