A UK exporter expects to receive 40,000$ in 3 months time. She was quoted the following exchange
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A UK exporter expects to receive 40,000$ in 3 months’ time. She was quoted the following exchange rate pair : GBP/USD = 1.5 - 1.7. How much would the exporter expect to receive from the bank in GBP?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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