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Spot rate: Venkat Ram purchased a pair of dress shoes in Italy for 131.25. If the spot exchange rate is $1.5621/, what is the dollar
Spot rate: Venkat Ram purchased a pair of dress shoes in Italy for 131.25. If the spot exchange rate is $1.5621/, what is the dollar cost of the shoes?
can anyone give me a solution thx!
1. $205.03
2. $84.02
3. 131.25
4. 84.02
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