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I. Traveling: From Tokyo to New York After your post-graduation celebratory trip, you are leaving Tokyo for New York. You leave Tokyo with yen 100,000

I. Traveling: From Tokyo to New York

After your post-graduation celebratory trip, you are leaving Tokyo for New York. You leave Tokyo with yen 100,000 in your wallet. Upon arriving at the JFK Airport, you observe the following quotes:

Bid Offer

Yen 110/$ Yen 120/$

If you want to exchange Yen 100,000 for dollars at the JFK airport, how much can you get?

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