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Currency US $ Equivalent Currency per $ Equivalent of $4000 $ Equivalent of 6000 units of Foreign Currency JPY (Yen) 85.2350 EUR (Euro) 1.3517 CAD

Currency

US $ Equivalent

Currency per $

Equivalent of $4000

$ Equivalent of 6000 units of Foreign Currency

JPY (Yen)

85.2350

EUR (Euro)

1.3517

CAD ( Canadian Dollar)

1.0129

GBP (British Pound)

$9,633.91

CHF (Swiss Franc)

1.0324

CNY (Chinese Yuan)

6.61594

INR (Indian Rupee)

181,405.90

A) In Investment banking firm in UK wants to buy 100,000 shares in an Indian stock market index fund. Each share of that fund costs INR 12,000. How many British pounds will it need to make that investment?

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