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Your firm needs to pay its French supplier 458,000. If the exchange rate is $0.68/$?, how many dollars will you need to make the exchange?
Your firm needs to pay its French supplier €458,000. If the exchange rate is $€0.68/$?, how many dollars will you need to make the exchange?
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
