Question: please show work Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of account denominated in

please show work please show work Consider a U.S. importer desiring to purchase merchandise from

Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of account denominated in U.S. dollars) and inquire about the exchange rate, which the bank quotes as 1.0242/51.00. The importer accept the quali so the tune of fill in this blank 1. Credit, $500,000 2. credit, 512,100 3 debit, 512,100 4 debit, 600,000 the

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