5*.[3 Points] Suppose Cadillac has full manufacturing costs of their Escalade-SUV of $62,503. They sell this SUV in the U.S. with an 18% margin for a price of $73,753.54. Today these cars are available in the U.K. for 59,002.832 which is the US price divided by the current exchange rate of $1.25/. Cadillac has committed to keeping the UK price at 59,002.832 for the next six months If the UK pound depreciates against the USD to an exchange rate of $1.10/, and Cadillac has not hedged against currency changes, what is the percentage margin (%$) Cadillac will realize from UK sales given the new exchange rate? a) Given depreciation in above, and Cadillac's decision of selling the SUV at 59,002.832 in UK, how can one profit from this situation. (assume zero transaction and transportation costs) b) n-days 360 Formulas: %AS ; Forward Primum/discount for - S