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Yum! Brands Corp. has several restaurants overseas. Imagine that profits earned from the restaurants in Spain are 150,000. The exchange rate at the beginning of

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Yum! Brands Corp. has several restaurants overseas. Imagine that profits earned from the restaurants in Spain are 150,000. The exchange rate at the beginning of the year was $1.00/1.00. However, by the end of the year, the exchange rate is 2.00/$1.50. How are the profits in terms of US dollars affected by fluctuating exchange rate at the end of the year? $32,250 decrease in profits $30,000 decrease in profits $40,100 decrease in profits $37,500 decrease in profits

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