An FX dealer provides a quote of AUD/USD0.9345-53. A bank has USD 10 million that they wish

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An FX dealer provides a quote of AUD/USD0.9345-53. A bank has USD 10 million that they wish to convert to AUD. If they accept the dealer's quote.

Calculate the amount in AUD that they will receive.

Related Book For answer-question

Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science

ISBN: 978-0324656633

5th edition

Authors: Cliff T. Ragsdale

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Posted Date: Jun 24, 2023 03:03 AM

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An FX dealer provides a quote of AUD/USD0.9345-53. A bank has USD 10 million that they wish

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To calculate the amount in AUD that the bank will receive we need t... View the full answer

Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science

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