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Selling Quotes for Foreign Currencies in New York (Converting currencies) An American business pays $10,000, $15,000, and $20,000 to suppliers in Japan, Switzerland, and Canada,
Selling Quotes for Foreign Currencies in New York (Converting currencies) An American business pays $10,000, $15,000, and $20,000 to suppliers in Japan, Switzerland, and Canada, respectively. How much, Coutry-CurrencyContract in local currencies, do the suppliers receive? U.S. S/Foreign Spot 30-day 90-day Spot 30-day 90-day Currency 0.8408 0.8388 0.8366 0.004774 0.004807 0.004871 0.5095 0.5125 0.52 Canada - dollar Japan -yen Switzerland franc Spot 30-day
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