Intermediate (Problems 4-7) 4. (LO 1) Karen operates a small foreign currency exchange business. She begins each
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Intermediate (Problems 4-7)
4. (LO 1) Karen operates a small foreign currency exchange business. She begins each day with three boxes of cash. Each box contains 10 000 units of Canadian currency and IO 000 units of another currency. Table 11.8 shows Karen's holdings of each currency at the end of a day"s business.
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