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Quartzite Inc. The spot rate for Mexican pesos is Ps12.51/$. If the U.S.-based company Quartzite Inc. buys Ps 450,000 spot spot from its bank on
Quartzite Inc. The spot rate for Mexican pesos is Ps12.51/$. If the U.S.-based company Quartzite Inc. buys Ps 450,000 spot spot from its bank on Tuesday, how much must Quartzite pay and on what date?
How much must Quartzite pay?
The cost in US$ is $______.
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