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XYZ Corporation imports goods from China with a total invoice value of $ 1 0 , 0 0 0 , 0 0 0 . The
XYZ Corporation imports goods from China with a total invoice value of $ The exchange rate between the US dollar USD and the Chinese yuan CNY is USD CNY However, due to a temporary market fluctuation, XYZ Corporation negotiates a discount of on the invoice value. What is the total amount in Chinese yuan that XYZ Corporation needs to pay after applying the discount?
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