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Business, 17.03.2020 00:32 Swetjyil

On July 15, 2016, you convert 650,000 U. S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month forward contract to convert yen into dollars. How much will you receive in U. S. dollars at the end of six months

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On July 15, 2016, you convert 650,000 U. S. dollars to Japanese yen in the spot foreign exchange mar...
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