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Currency Exchange Question: (Currency Per USD) If Mexican Peso Rate (MXN)=17.996867 If Singapore Dollar Rate (SGD)=1.33511 A Mexican investor wishes to buy 10 SGD bonds
Currency Exchange Question: (Currency Per USD)
If Mexican Peso Rate (MXN)=17.996867
If Singapore Dollar Rate (SGD)=1.33511
A Mexican investor wishes to buy 10 SGD bonds - each selling for SGD135,422. How much will the investor need in MXN to buy these?
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