Consider the following illustrative exchange rates. U.S. Dollars Required to Buy One Unit of Foreign Currency Euro 1.2500 Swedish Krona 0.1481 (1) Assume CP can produce a liter of juice and ship it to Spain for $1.75. If the firm wants a 50 percent markup on the product, what should the juice sell for in Spain? (2) Now, assume CP begins producing the same liter of juice in Spain. The product costs 2.0 euros to produce and ship to Sweden, where it can be sold for 20 kronor. What is the dollar profit on the sale? (3) What is exchange rate risk? Consider the following illustrative exchange rates. U.S. Dollars Required to Buy One Unit of Foreign Currency Euro 1.2500 Swedish Krona 0.1481 (1) Assume CP can produce a liter of juice and ship it to Spain for $1.75. If the firm wants a 50 percent markup on the product, what should the juice sell for in Spain? (2) Now, assume CP begins producing the same liter of juice in Spain. The product costs 2.0 euros to produce and ship to Sweden, where it can be sold for 20 kronor. What is the dollar profit on the sale? (3) What is exchange rate risk