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Problem 9 - 3 ( LG 9 - 4 ) On March 1 3 , 2 0 2 0 , you convert 5 5 0
Problem LG
On March you convert US 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 US dollars at the end of six months? Use the data in Table for this problem. Round your answer to decimal places. eg
Amount that you will receive in US dollars at the end of six months
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