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Orbital Communications has operating plants in over 1 0 0 countries. It also keeps funds for transactions purposes in many foreign countries. Assume in 2

Orbital Communications has operating plants in over 100 countries. It also keeps funds for transactions purposes in many foreign countries. Assume in 2010 it held 350,000 kronas in Norway worth $60,000. The funds drew 8 percent interest, and the krona increased 4 percent against the dollar.

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