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Exercise (9) On 11/1, Sun purchases inventory for 500 euros on account. Sun pays for these goods on 1/30. Pertinent rates: Gain (Loss) Date 11/1

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Exercise (9) On 11/1, Sun purchases inventory for 500 euros on account. Sun pays for these goods on 1/30. Pertinent rates: Gain (Loss) Date 11/1 12/31 1/30 Spot rate $1.35 $1.36 $1.38 Acct Pay $675 $680 $690 $(5) $

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