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Suppose IBM receives quotes of USD 0 . 0 0 8 1 7 0 7 for the Japanese Yen ( JPY ) . What is

Suppose IBM receives quotes of USD0.0081707 for the Japanese Yen (JPY). What is the JPY value to IBM of buying USD 5 million?
Question 3Answer
a.
JPY611,995,104.04
b.
JPY611,471,199.71
c.
There is not enough information in this question
d.
More than one of these options
e.
JPY611,733,151.85

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