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Live Co. expects cash inflows of 200K USD from domestic operations, 200K CHF from Swiss operations, and 150K EUR from Italian operations this year. The average exchange rates are expected to be 1.17 USD/CHF for the Swiss franc, and 1.31 USD/EUR for the Euro. What is the total expected USD value of cash inflows for Live Co? Enter answer in thousands.
To fix this problem, assume that exchange rates given are CHF/USD and EUR/USD, rather than USD/CHF and USD/EUR, and solve the problem accordingly.
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