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Business, 20.04.2021 19:30 gabrieljerron

Fluffy Puppy, a Japanese company, decides to expand its toy business by buying 15% of its U. S. competitor. It does not want to pay more than 83,905,354 yen. Assume that the exchange rate for $1 is equal to 111.111 Japanese yen or 1 yen is equal to $0.009. In terms of U. S. dollars, how much is Fluffy Puppy willing to pay for 15% of its U. S. competitor

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