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Business, 18.01.2021 14:00 helpmewithmath70

Assume that Nevermore, Inc., a U. S.-based subsidiary wants to raise $US 1 million by issuing a bond denominated in Pakistani rupees (PKR). The current exchange rate of the rupee is $.02 How many PKR does the MNC need to obtain the $US 1 million needed?

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Assume that Nevermore, Inc., a U. S.-based subsidiary wants to raise $US 1 million by issuing a bond...

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