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ABC Corp. (an American company) has contracted to buy 50,000 tons of iron from a German … 1 answer below » ABC Corp. (an American company) has contracted to buy 50,000 tons of iron from a German firm. Suppose that iron trades for 87
euros/ton and the exchange rate is .67USD/E when the payment is due. How much (in terms of USD) will ABC pay for the iron? Jan 10 2014 10:14 PM
