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An importer of televisions from Japan has a contract to purchase a shipment of televisions for 4.4 million yen. The spot rate increases from 107

An importer of televisions from Japan has a contract to purchase a shipment of televisions for 4.4 million yen. The spot rate increases from 107 yen per dollar to 113 yen per dollar. What is the importer's gain or loss? Options: a. $2,273 loss b. $2,183 loss c. $2,273 gain d. $2,183 gain

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