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A London dealer banks current bid/ask quotes for the U.S. dollar are 0.7810/$ and 0.7990/$. If you want to sell 12,000,000 to that dealer, how
A London dealer banks current bid/ask quotes for the U.S. dollar are 0.7810/$ and 0.7990/$. If you want to sell 12,000,000 to that dealer, how many dollars would you receive?
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