Exchange Rate's Fee Dropped to $10,000

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Grade II winner Exchange Rate has undergone a fee adjustment at Satish and Anne Sanan's Padua Stables near Summerfield, Fla. The 4-year-old son of Danzig will enter stud for $10,000 rather than for $12,500 as previously announced. Produced from the Seeking the Gold mare Sterling Pound, Exchange Rate will stand for a partnership.

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