Currency exchange rates. On the day you arrive in England, the exchange rate for U.S. dollars and British pounds is $1:0.52. You have $4,300, which you convert to pounds. While you remain in England for the next two weeks, the exchange rate falls to $1 0.48. As you leave England, you convert the 125 you have left to dollars. How much did you spend in England in U.S. dollars? Did the movement in the exchange rate help or hurt you? How much did you spend in England in U.S. dollars? (Round to the nearest cent.) Next question Transaction exposure. International Products, Inc. has ordered 10,000 leather coats from Argentina for delivery in 3 months. The contracted cost Jos. International Products will pay for the coats upon delivery. The current indirect exchange rate is $1 for 1.4178 pesos. The anticipated inflation rate is 2.9% in the United States and 7.1% in Argentina. In U.S. dollars, how much will the 10,000 leather coats cost International Products at delivery? In U.S. dollars, how much will the 10,000 leather coats cost International Products at delivery? (Round to the nearest cent.) Operating exposure. Copy-Cat, Inc. has signed a deal to make vintage Nissan 240-Z sports cars for the next three years. The company will build t Next question d ship them to the United States for sale. The current indirect rate is 101.5124 per dollar. The anticipated inflation rate for parts and labor in Japan is 2.2% over the next three years, and the anticipated overall inflation rate for Japan is 3.2% over the next three years. The expected overall inflation rate in the United States is 4.9% over the next three years. (The stated rates are on an annual basis.) If Copy-Cat plans to sell 500 cars a year at an initial price of $41,000 and the cost of production is 4,096,500, what is the annual profit in dollars for Copy-Cat? Assume it takes one year for production and all sales revenues and production costs occur at the end of the year. Is this profit rising or falling each year? Why? What is the expected sales revenue per car in dollars for Copy-Cat in year 1? $ (Round to the nearest cent.)