Today you notice the following exchange rate quotations: $1 USD = 2.5 Mexican Pesos 1 Mexican Peso
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Question:
Today you notice the following exchange rate quotations: $1 USD = 2.5 Mexican Pesos 1 Mexican Peso = $0.75 Canadian Dollars You need to purchase $500,000 Canadian dollars with U.S. dollars. How many U.S. dollars will you need for your purchase?
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