Solved: How many u.s. dollars will dow chemical receive, Finance Basics

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How many u.s. dollars will dow chemical receive

Problem: Suppose Dow Chemical receives quotes of $0.009369-71 for the yen and $0.03675-6 for the Taiwan dollar (NT$).

a. How many U.S. dollars will Dow Chemical receive from the sale of ¥50 million?

b. What is the U.S. dollar cost to Dow Chemical of buying ¥1 billion?

c. How many NT$ will Dow Chemical receive for U.S.$500,000?

d. How many yen will Dow Chemical receive for NT$200 million?

e. What is the yen cost to Dow Chemical of buying NT$80 million?

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Finance Basics: How many u.s. dollars will dow chemical receive

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