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Assume that you are doing business in Australia. You are forecasting a net income of $AUD 750,000. Also assume that the exchange rate has changed

Assume that you are doing business in Australia. You are forecasting a net income of $AUD 750,000. Also assume that the exchange rate has changed from $0.6=AUD$1 to $0.5=AUD$1. When you repatriate your profits to dollars, has your net income increased or decreased from the change in the exchange rate?

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