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A US retail chain signs a contract to purchase 3,400 Blu-ray players from South Korea for 20,200 South Korean Won each when the exchange rate

A US retail chain signs a contract to purchase 3,400 Blu-ray players from South Korea for 20,200 South Korean Won each when the exchange rate is 1,100 Won per US dollar.If the exchange rate changes to 1,000 Won per US dollar, what is the retail chains gain or loss in dollars due to exchange rate risk?

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