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Dow Chemical receives quotes from a foreign currency trader of USD 0.1642 0.1657 / DKK and USD 0.2618 0.2646 / PLZ. How many DKK will
Dow Chemical receives quotes from a foreign currency trader of USD 0.1642 0.1657 / DKK and USD 0.2618 0.2646 / PLZ. How many DKK will Dow Chemical pay the trader for a purchase of 100 million PLZ? Explain. Calculations and explanation
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