Question
An Italian businessman has just completed transactions in America and England. He is now holding $200,000 and 400,000, and wants to convert both amounts to
An Italian businessman has just completed transactions in America and England. He is now holding $200,000 and 400,000, and wants to convert both amounts to the euro. His bank quotes him the following exchange rates: GBP/USD 0.50250.5076, and USD/EUR $1.4739$1.4744. What are his proceeds from conversion?
675,542.53
675,771.69
670,118.06
670,345.39
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Handbook Of Anti Money Laundering
Authors: Dennis Cox
1st Edition
0470065745, 978-0470065747
