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You just received a gift from a friend consisting of 1,000 Thai baht, which you would like to exchange for Australian dollars (AS). You observe

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You just received a gift from a friend consisting of 1,000 Thai baht, which you would like to exchange for Australian dollars (AS). You observe that exchange rate quotes for the baht are currently $.023. while quotes for the Australian dollar are 5.576. How many Australian dollars should you expect to receive for your baht? O A$39.93 AS25,043.48 O AS553.00 none of these

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