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how to calculate part c Suppose Dow Chemical receives quotes of $0.009369-71 for the yen and $0.03675-76 for the Taiwan dollar (NTS). To receive partial
how to calculate part c Suppose Dow Chemical receives quotes of $0.009369-71 for the yen and $0.03675-76 for the Taiwan dollar (NTS). To receive partial credits, please write clear steps with concise explanations on how to get your numbers. Please state currency unit for each number. a How many U.S. dollars will Dow Chemical receive from the sale of 50 million yens? Round the number to the nearest integer. b. How many NTS will Dow Chemical receive for the sale US$500,000 Round the number to the nearest integer. c. A firm asks the bank for a Yen. NTS quote. What cross-rate (bid and ask rates) would the bank quote? Round the number to the 4 decimal places. Answer these three questions in the following three boxes accordingly. A
how to calculate part c
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