How much australian dollar will the exporter receive

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Question: An Australian dairy products exporter has supplied powder milk to India and will receive 2 million Indian rupees (INR) in one year. The exporter expects that the value of the INR will appreciate by 24.95% against the Australian dollar from today's spot rate of 0.2508 in one year. How much Australian dollar will the exporter receive that is equivalent to 2 million INR after one year? (enter the whole number with no sign or symbol)

Reference no: EM133377368

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