1 If The Currency Exchange Rate As Of Today Is 1 U S Equals 65 British Pounds And Th 1312811
1. If the currency exchange rate as of today is $1 U.S. equals .65 British pounds, and the XYZ Corp. signs a contract with a British company to exchange 6,450 pounds in 30 days for a cost of $10,000, what is the spot exchange rate?