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Q11. The $ (i.e., the USD) versus the EUR exchange rate is EUR 1.00 = $1.6000, and the EUR v SEK (Swedish Krona) exchange rate

Q11. The $ (i.e., the USD) versus the EUR exchange rate is EUR 1.00 = $1.6000, and the EUR v SEK (Swedish Krona) exchange rate is SEK 1.00 = EUR 0.25. Suppose that you have $5,000,000 (i.e., 5 mio USD). How many SEK can you convert these USD dollars into? Give your answer to the nearest SEK.

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