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A businessman has just completed transactions in Italy and England. He is now holding 20000 and 150,000 and wants to convert to U.S. dollars. His

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A businessman has just completed transactions in Italy and England. He is now holding 20000 and 150,000 and wants to convert to U.S. dollars. His currency dealer provides this quotation: USD/GBP 1.2500-04 EUR/USD 0.8884-0.8888 What are his proceeds from conversion? 210002 137737 137729 210072

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