A company in the United States plans to import a batch of components from Japan. The Japanese supplier has quoted a price of 4,500,000 Japanese Yen (JPY) for the entire batch. If the current market exchange rate is 150 JPY per U.S. Dollar (USD), what is the cost of these components in U.S. dollars, ignoring any shipping costs or tariffs?
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A company in the United States plans to import a batch of components from Japan. The Japanese supplier has quoted a price of 4,500,000 Japanese Yen (JPY) for the entire batch. If the current market exchange rate is 150 JPY per U.S. Dollar (USD), what is the cost of these components in U.S. dollars, ignoring any shipping costs or tariffs?
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