A European manufacturing firm placed a purchase order with a US MNC to buy 100 widgets...
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A European manufacturing firm placed a purchase order with a US MNC to buy 100 widgets at a price of USD 3,200 each. How many euros will it cost the European firm to buy all the widgets? (Give your answer to the nearest euro.) Given that: Currency USD EUR Currency per SGD 1.3945 1.3697 QUESTION 5 You are planning a trip to France and want to change your Singapore dollars into euros. Your money changer provides the following direct quotations for EUR: Bid 1.3837 Ask 1.4011 Calculate the money changer's bid/ask percentage spread. (Round your answer to 2 decimal places) QUESTION 6 You are planning a trip to Germany and want to change your Singapore dollars into euros. Your money changer provides the following direct quotations for EUR: Bid 1.3873 Ask 1.4072 How much would you lose if you converted SGD 1000 into euros and then back in Singapore dollars? (Give your answer to the nearest cent.) A European manufacturing firm placed a purchase order with a US MNC to buy 100 widgets at a price of USD 3,200 each. How many euros will it cost the European firm to buy all the widgets? (Give your answer to the nearest euro.) Given that: Currency USD EUR Currency per SGD 1.3945 1.3697 QUESTION 5 You are planning a trip to France and want to change your Singapore dollars into euros. Your money changer provides the following direct quotations for EUR: Bid 1.3837 Ask 1.4011 Calculate the money changer's bid/ask percentage spread. (Round your answer to 2 decimal places) QUESTION 6 You are planning a trip to Germany and want to change your Singapore dollars into euros. Your money changer provides the following direct quotations for EUR: Bid 1.3873 Ask 1.4072 How much would you lose if you converted SGD 1000 into euros and then back in Singapore dollars? (Give your answer to the nearest cent.)
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