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An MNC wishes to sell EUR 3 million that it received from a French customer and obtain its domestic currency (USD). The following alternatives are
An MNC wishes to sell EUR 3 million that it received from a French customer and obtain its domestic currency (USD). The following alternatives are available. Determine which bank provides the highest amount of USD. Bank Currency Pair Bid Ask Commission A EURUSD 1.3512 1.3519 USD 250 B EURUSD 1.3511 1.3520 USD 100 C USDEUR 0.7400 0.7405 USD 150
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