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Calculate the amount of british pounds

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Question - The following spot rates are expressed in Canadian currency.

1.2789 Cdn = 1 U.S. dollar

1.8295 Cdn = 1 British pound

0.4876 Cdn = 1 West German Mark

Required - Use the above data to calculate the amount of British pounds, which can be acquired with 500,000 West German Marks.

Reference no: EM133093454

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