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Suppose a quote for Canadian dollars (C$) in Toronto is $0.9650-70. a. What is the implied quote for US dollar in Toronto? b. How much

Suppose a quote for Canadian dollars (C$) in Toronto is $0.9650-70.

a. What is the implied quote for US dollar in Toronto?

b. How much will it cost to buy C$500,000?

c. How much will you get if sell C$500,000?b.

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