The following exchange rates were published in todays paper, Financial Management

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The following exchange rates were published in todays paper

The following exchange rates were published in today’s paper Fictional Exchange Rate Press. • $1 is equal to 5.00 Widgetstan baht (WB) • 1 Widgetstan baht = 0.80 Dudeandgal pesos (DP) You want to purchase 100,000 Dudeandgal pesos with U.S. dollars. How many U.S. dollars will you need for your purchase? Please show work

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Financial Management: The following exchange rates were published in todays paper

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