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A New Zealand farm company, Kiwi Ltd exports GBP 100,000 worth of kiwi fruits to an importer in London. Kiwi Ltd received the payment upon

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A New Zealand farm company, Kiwi Ltd exports GBP 100,000 worth of kiwi fruits to an importer in London. Kiwi Ltd received the payment upon loading the fruits into the ship. The banks quoted the following exchange rates: USD/I NZD 6200 USD/1 GBP 1.8345 What should be the amount in NZD that Kiwi Ltd expect to receive

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