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An American investor purchased common stock worth 500,000 Norwegian kroner (NOK) on January 1st,2020. What was the beginning value of the investment on 1/1/2020 in

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An American investor purchased common stock worth 500,000 Norwegian kroner (NOK) on January 1st,2020. What was the beginning value of the investment on 1/1/2020 in US dollars (USD)? a) None of these answer choices are correct. b) $56,754 c) $4,405,000 d) $44,050

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