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Just assume that Avon agreed to settle a purchase order for GBP 250,000 and the exchange rate today is GBP/USD 1.5250, what is the USD
Just assume that Avon agreed to settle a purchase order for GBP 250,000 and the exchange rate today is GBP/USD 1.5250, what is the USD equivalent cost for the company? a. USD 250,000 b. USD 375,000 c. USD 381,250
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