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you have 1,000,000 and would like japanese yen, you are quoted the following: dollar euro...

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Finance

you have 1,000,000 and would like japanese yen, you are quoted the following:

dollar euro exchange rate: $1.60 = 1.00

dollar yen exchange rate: $1.00 = 120

Assuming transaction costs are zero how many yen could you get?

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