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Suppose that you're a CFO of a multinational firm headquartered in Switzerland. The company is expected to pay a supplier in Canada in Canadian dollars.
Suppose that you're a CFO of a multinational firm headquartered in Switzerland. The company is expected to pay a supplier in Canada in Canadian dollars. The quote you received for Swiss franc is CAD1.1333-83/CHF. If the payables to the Canadian supplier is CAD925 million, which of the following is closest to that amount of Swiss francs that you will need to pay
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