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A foreign exchange dealer in Somalia provides quotes for spot rates for the Somalia Shilling (SOS) against the US dollar (USD). Spot Bid: SOS 7.900
A foreign exchange dealer in Somalia provides quotes for spot rates for the Somalia Shilling (SOS) against the US dollar (USD).
Spot Bid: SOS 7.900 / USD
Spot Ask: SOS 8.000 / USD
How many USD would you receive if you sold SOS 10,000,000 to the dealer at the spot rate?
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