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Business, 09.07.2021 16:20 zaymuney3063

​Pokémon GO. Crystal​ Gomez, who lives in Mexico City​ (as noted in Global Finance in Practice 1.2 in the​ chapter), bought ​Pokécoins for Mexican pesos​ (Ps or​ MXN). Nintendo of​ Japan, one of the owners of​ Pokémon GO, will need to convert the Mexican pesos​ (Ps or​ MXN) into its home​ currency, the Japanese​ yen, in order to record the financial proceeds. The current spot exchange rate between the Mexican peso and the U. S. dollar is ​(MXN = 1.00​ USD), and the current spot rate between the dollar and the Japanese yen​ (¥ or​ JPY) is . What are the yen proceeds of Crystal​ Gomez's purchase?

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