You need to pay 500,000 pounds (GBP) for some goods that justarrived into your warehouse. The current
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Question:
You need to pay 500,000 pounds (GBP) for some goods that justarrived into your warehouse. The current spot rates are AUD/USD0.9600 – 0.9700 and GBP/USD 1.5500 – 1.6000. How much will it costin AUD to settle this debt:
Select one:
A.
AUD 833,333
B.
AUD 807,292
C.
AUD 824,742
D.
AUD 838,496
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0134141084
11th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
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