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If you need to buy 1,000,000 in your local currency for business when your bank provides the following bid-ask rates: 1.3895/USD-1.3905/USD, what will be the

  1. If you need to buy 1,000,000 in your local currency for business when your bank provides the following bid-ask rates: 1.3895/USD-1.3905/USD, what will be the dollar value after purchase?


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