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Problems (Chapter 5) 1. Suppose Dow Chemical receives quotes of $0.009369-$0.009371 for the yen and $0.03675-$0.03676 for the Taiwan dollar (NT$) from the bank. a.

Problems (Chapter 5) 1. Suppose Dow Chemical receives quotes of $0.009369-$0.009371 for the yen and $0.03675-$0.03676 for the Taiwan dollar (NT$) from the bank. a. How many U.S. dollars will Dow Chemical receive from the sale of 50 million? b. What is the U.S. dollar cost to Dow Chemical of buying 1billion? c. How many NTS will Dow Chemical receive for U.S.$500,000? d. How many yen will Dow Chemical receive for NT$200 million? e. What is the yen cost to Dow Chemical of buying NT$80 million?
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Problems (Chapter 5) 1. Suppose Dow Chemical receives quotes of $0.009369$0.009371 for the yen and \$0.03675-\$0.03676 for the Taiwan dollar (NTS) from the bank. a. How many U.S. dollars will Dow Chemical receive from the sale of Y 50 million? b. What is the U.S. dollar cost to Dow Chemical of buying YIbillion? c. How many NTS will Dow Chemical receive for U.S.\$500,000? 1. How many yen will Dow Chemical receive for NT\$200 million? What is the yen cost to Dow Chemical of buying NTS 80 million

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