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6)Crown Honda purchased one of its most popular motorcycle models for 965,000 yen.The FX rate for the yen was 142 yen per dollar at the
6)Crown Honda purchased one of its most popular motorcycle models for 965,000 yen.The FX rate for the yen was 142 yen per dollar at the time of purchase, but then rose to 171.8 yen by the time payment was made.What was the dealer's gain or loss on the change in rates?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
