You observe following exchange rate quotations: $1 is equal to 6.8321 Chinese yuan (CNY) and...
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You observe following exchange rate quotations: $1 is equal to 6.8321 Chinese yuan (CNY) and 1 Japanese yen (JPY) equal to 0.0610 Chinese yuan. How many U.S. dollars will you need to purchase 1 million Japanese yen?
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