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how to calculate the step 2 from step 3 to find the number NZ$40216000? Chicago Bank expects the exchange rate of the New Zealand dollar

image text in transcribedhow to calculate the step 2 from step 3 to find the number NZ$40216000?

Chicago Bank expects the exchange rate of the New Zealand dollar to appreciate from its present level of $0.50 to $0.52 in 30 days

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