Question
If the price of an ounce of good was $5,000, use the exchange rates given in the information below to find the price of gold
If the price of an ounce of good was $5,000, use the exchange rates given in the information below to find the price of gold in Australian dollars:
US dollar foreign-exchange in late New York trading, May 12, 2017
Australian dollar in US$ = 0.7386
Per US $ = 1.3539
US$ vs. YTD chg% = -2.5
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Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
