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Upon arrival at the international airport in the country of Canteberry, Charles Alt exchanged $200 of U.S. currency Into 1,000 florins, the local currency unit.

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Upon arrival at the international airport in the country of Canteberry, Charles Alt exchanged $200 of U.S. currency Into 1,000 florins, the local currency unit. Upon departure from Canteberry's International airport on completion of his business, he exchanged his remaining 100 florins into $15 of U.S.currency Required: a. Determine the currency exchange rates for each of the cells in the following matrix for Charles All's business trip to Canteberry (Round your answers to 2 decimal places.) f1 = florins Arrival Data Departure Date Direct exchange rate Indirect exchange rate c. Did Charles experience a foreign currency transaction gain or a loss on the 100 florins he held during his visit to Canteberry and converted to U.S. dollars at the departure date? (Do not round intermediate calculations.) Foreign currency transaction

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