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On July 15, 2016, you convert 530,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month forward contract to

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On July 15, 2016, you convert 530,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month forward contract to convert yen into dollars. How much will you recelve in U.S. dollars at the end of six months? Use the data in Table 9-1 for this problem. (Round your answer to 2 decimal places. (e.g., 32.16))

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