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A U.S. food company is paying a company based in India 19,000,000 Indian rupees for tin cans. If the exchange rate is 64.6108 rupees per
A U.S. food company is paying a company based in India 19,000,000 Indian rupees for tin cans. If the exchange rate is 64.6108 rupees per $1, what is the cost of the contract to the U.S. food company in dollars? (Round your answer to the nearest cent.)
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