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How many Swiss francs are required to purchase goods

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Reference no: EM132753861

Question - Suppose the direct foreign exchange rates in U.S. dollars are as follows:

1 Swiss franc = $1.0371

1 Swedish krona = $0.1526

Based on the information given above, how many Swiss francs are required to purchase goods costing $5,000 U.S.?

A. 32,785

B. 5,186

C. 4,821

D. 763

Reference no: EM132753861

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