The table below contains foreign exchange quotations in American Terms for some currencies. Assuming that...
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Accounting
The table below contains foreign exchange quotations in American Terms for some currencies. Assuming that the table below reflects the current rates being offered by a bank, a client of the bank wishing to exchange GBP 10,000 for Canadian dollar would end up with how many Canadian dollars? American Terms Bank Quotations BID ASK British Pound 1.254 1.257 Euro 1.055 1.057 Canadian Dollar 0.766 0.771
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