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03-12-2019
Business

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Suppose a bank customer with €1,000,000 wishes to trade out of euro and into Japanese yen. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-yen exchange rate is quoted at $1.00 = ¥120. How many yen will the customer get?

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sakhilemdletshesm sakhilemdletshesm

04-12-2019

Answer:

192,000,000 yen

Explanation:

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