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samualson samualson
wrote...
Posts: 2459
5 years ago
Suppose a U.S. importer purchases an Italian product today but will not pay for it for 90 days. The cost of the product today is 85,000 euros. The spot exchange rate today is .7559 euros per dollar. How much is the cost today in dollars?
A) $58,062
B) $56,153
C) $65,683
D) $64,252
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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wrote...
5 years ago
 D
 
samualson Author
wrote...
5 years ago
Helps a lot... Now I'm ready for my quiz
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