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An Australian garments importer has received summer polo shirts from India and will pay 2 million Indian rupees (INR) in one year. The importer
An Australian garments importer has received summer polo shirts from India and will pay 2 million Indian rupees (INR) in one year. The importer expects that the value of the INR will appreciate by 22.01% against the Australian dollar from today's spot rate of 0.2717 in one year. How much Australian dollar needs to pay 2 million INR after one year? (enter the whole number with no sign or symbol)
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