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Question 2 6 pts A manager plans to convert 1 million US dollars (USD) for Australian dollars (AUD) on May 30. The manager enters a
Question 2 6 pts A manager plans to convert 1 million US dollars (USD) for Australian dollars (AUD) on May 30. The manager enters a forward on AUD at a price of F=0.7353 USD/AUD that matures on May 30. On May 30, the spot exchange rate is St = 0.80 USD/AUD. As a result, how many AUD did the manager receive in exchange for 1 million USD on May 30? Enter your answer in dollars and cents. If negative, precede your answer with the minus "-" symbol. Do not enter the '$' symbol
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