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Toyota Exports to the United Kingdom. Toyota manufactures in Japan most of the vehicles it sells in the United Kingdom. The base platform for the Toyota Tundra truck line is ¥1,640,000. The spot rate of the Japanese yen against the British pound has recently moved from ¥195/ £ to ¥190 / £. How does this change the price of the Tundra to Toyota's British subsidiary in British pounds?

The original import price in British pounds is £___ (Round to two decimal places)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92258743

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