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an investor recently sold some stock in a European company that was worth 20,000 euros. The US$/ exchange rate is currently 1.200, meaning that 1
an investor recently sold some stock in a European company that was worth 20,000 euros. The US$/ exchange rate is currently 1.200, meaning that 1 euro buys 1.2 dollars. How many U.S. dollars will the investor receive?
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