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Cray Research sold a super computer to the Max Planck Institutein Germany on credit and invoiced ?10 million payable in sixmonths. Currently, the six-month forward

Cray Research sold a super computer to the Max Planck Institutein Germany on credit and invoiced â?¬10 million payable in sixmonths. Currently, the six-month forward exchange rate is $1.10/â?¬and t 0 answers

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