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QUESTION
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?
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?
