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You observe the following exchange rate quotations: $1 is equal to 6.5321 Chinese yuan 1 Japanese yen equal to 0.0610 Chinese yuan. How many U.S.
You observe the following exchange rate quotations: $1 is equal to 6.5321 Chinese yuan 1 Japanese yen equal to 0.0610 Chinese yuan. How many U.S. dollars will you need to purchase 1 billion Japanese yen?
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