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Question 16 (4 points) Mylan, Inc. has a machine that it wants to sell to a French company. The machine cost $550,000 to manufacture. Shipping

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Question 16 (4 points) Mylan, Inc. has a machine that it wants to sell to a French company. The machine cost $550,000 to manufacture. Shipping will cost another $50,000. The French company has offered to buy the machine for 1 million euros. If the current direct exchange rate is .60 $US/euro, what will Mylan's operating profit be: O 1) ($21,500) O2) $100,000 03) $25,000 04) $0 Next Page Previous Page

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