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Marcus Pty, a U.S. company, has future receivables of 5,000,000 Australian dollars (AUD). Spot rate of AUD = USD 0.54 How much will they receive?

Marcus Pty, a U.S. company, has future receivables of 5,000,000 Australian dollars (AUD).

Spot rate of AUD = USD 0.54

How much will they receive?

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