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INB 205 Wk 4 CheckPoint - Exchange Rates Research - 25 of 25

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Being assigned the duty of ensuring that 100,000 yens are to be paid on schedule next month, and taking into consideration the spot exchange rate and forward exchange rates my decision would be to purchase the yen on Friday August 6th. As the table below shows for August 2, 2004 the cost of the spot ...
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