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Suppose that a Japanese importer agrees to purchase raw materials from Canada. The importer agrees to purchase the raw materials for C$650,000. The importer's bank provides the following qoutes for Canadian dollars: ¥= C$.0085-.0091. How many yen will the importer pay to get the Canadian dollars needed to purchase his raw materials?

67,094,198.22

76,470,588.24

81,293,092.10

71,428,571.43

Financial Management, Finance

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