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PPMInc needs to sell 2,386,943 Euros (EUR). Its banker quotes bidask rates of EUR1.4870/USD EUR1.5150/USD. Which of the following is closest to the USD value
PPMInc needs to sell 2,386,943 Euros (EUR). Its banker quotes bidask rates of EUR1.4870/USD EUR1.5150/USD. Which of the following is closest to the USD value of selling EUR 2,386,943?
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