Suppose an American company needs to pay 2,000 to a company in Great Britain and the direct

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Suppose an American company needs to pay £2,000 to a company in Great Britain and the direct listing is £1,620.

How many US dollars would it take? Round your answer to dollar amounts, do not include cents.

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Apr 10, 2023 01:19 AM

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Suppose an American company needs to pay 2,000 to a company in Great Britain and the direct

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To convert pounds to dollars we need to use the exchang... View the full answer

Foundations of Financial Management

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