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a. Canadian dollars: The U.S. dollar payment to Canada is ------(Round to the nearest dollar.) b. Japanese yen: The U.S. dollar payment to Japan is
a. Canadian dollars:
The U.S. dollar payment to Canada is ------(Round to the nearest dollar.)
b. Japanese yen:
The U.S. dollar payment to Japan is ----(Round to the nearest dollar.)
c. Swiss francs:
The U.S. dollar payment to Switzerland is ----(Round to the nearest dollar.)
(Related to Checkpoint 19.1) (Converting currencies) An American businessSelling Quotes for Foreign Currencies in New York needs to pay (a) 10,000 Canadian dollars, (b) 2 million yen, and (c) 50,000 Swiss Country-Currency Contract U.S. $/Foreign francs to businesses abroad. What are the dollar payments to the respective countries? Currency 0.8314 0.8294 0.8272 0.004785 0.004818 0.004882 0.5057 0.5087 0.5233 Canada dollarSpot 30-day 90-day Spot 30-day 90-day Japan -yen Switzerland franc Spot 30-day 90-dayStep by Step Solution
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