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T10 EIC 4 (Lecture) You are at Changi Airport, flying from Singapore to Melbou...

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T10 EIC 4 (Lecture)

You are at Changi Airport, flying from Singapore to Melbourne (Australia) and wish to exchange 1,000 SGD (Singapore dollars) into AUD before your flight.

You approach a foreign exchange rate dealer who quotes you: 

SGD/AUD    1.2189/1.2194 

How much AUD will you receive?

0%
0%
0%
0%
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