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Monsanto, a U.S. chemical company has received the following quotes from their bank:
$0.010417-21 / Yen 1
$0.03050-54/ Taiwan $
a. How many U.S. dollars will Monsanto receive from the sale of 100 million yen?
b. How many yen will Monsanto receive for 500 million Taiwan dollars?
c. What is the yen cost to Monsanto of buying 100 million Taiwan dollars?
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