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quotations stated in Suppose an American investor is given the current exchange rates in the following table. The listed quotations are American terms. Exchange Rate

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quotations stated in Suppose an American investor is given the current exchange rates in the following table. The listed quotations are American terms. Exchange Rate British pound (E) $1.9250 / pound Euro () Australian dollar (AU$) $1.4770 / euro $0.8220 / Australian dollar Given these rates, an Australian dollar can purchase British pounds. Green Caterpillar Garden Supplies Inc. is a U.S.-based firm that produces stereos in Germany at a cost of 124 (including production and transportation costs) and sells them in England for 99. Based on the exchange rate table given in the preceding question, what is Green Caterpillar Garden Supplies Inc.'s dollar profit for each unit sold? O $7.43 O $8.17 $5.94 O $8.54 quotations stated in Suppose an American investor is given the current exchange rates in the following table. The listed quotations are American terms. Exchange Rate British pound (E) $1.9250 / pound Euro () Australian dollar (AU$) $1.4770 / euro $0.8220 / Australian dollar Given these rates, an Australian dollar can purchase British pounds. Green Caterpillar Garden Supplies Inc. is a U.S.-based firm that produces stereos in Germany at a cost of 124 (including production and transportation costs) and sells them in England for 99. Based on the exchange rate table given in the preceding question, what is Green Caterpillar Garden Supplies Inc.'s dollar profit for each unit sold? O $7.43 O $8.17 $5.94 O $8.54

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