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Please show all calculations and be detailed with your answer. If using Excel, please show data. practice #5 If youre the treasurer of a Japanese

Please show all calculations and be detailed with your answer. If using Excel, please show data.

practice #5

If youre the treasurer of a Japanese firm needing to buy USD and a banker gives you a quote of 110.15 / 110.17 for USDJPY you would be able buy USD from the bank at what rate?

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