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Question: You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today in exchange
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You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today in exchange for a years supply of frozen shrimp. Your Thai supplier will provide you with the same supply for 3.6 million Thai baht today. If the current competitive market exchange rates are 24.60 koruna per dollar and 34.99 baht per dollar, what is the value of this deal?
Please explain and do not copy from Chegg. Otherwise, i have to report the answer.
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