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Problem 9 - 3 ( LG 9 - 4 ) On March 1 3 , 2 0 2 0 , you convert 5 5 0

Problem 9-3(LG 9-4)
On March 13,2020, you convert 550,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a sixmonth forward contract to convert yen into dollars. How much will you receive 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))
Amount that you will receive in U.S. dollars at the end of six months
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