Suppose hp receives quotes of yen122330-38 for the us


Suppose HP receives quotes of ¥122.330-38 for the US dollar and ¥238.240-54 for pound.

a. How many pound will HP receive for $800,000?
b. How many US dollar will Dow Chemical receive for ¥500 million?
c. What is the US dollar cost to HP of buying £50 million?

 

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Finance Basics: Suppose hp receives quotes of yen122330-38 for the us
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