A manager of a corporation based in U.S. is expecting to receive 1,000,000 UK pounds in...

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A manager of a corporation based in U.S. is expecting to receive 1,000,000 UK pounds in 1 year from corporations UK client.

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1.558 - x 1.06 ) 1.045 Dollare needed to be paid in feature. βοστοω PV of £1 from us Bank pay this to bank after a year. 558

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