Figure 21.1 Exchange Rate Quotations

Country/Currency	in US$	per US$
Americas
Argentina peso	.0167	60.0116
Brazil real	.2391	4.1816
Canada dollar	.7608	1.3145
Chile peso	.001287	777.3
Colombia peso	.000297	3365.07
Ecuador US dollor	1	1
Mexico peso	.0532	18.7872
Uruguay peso	.02678	37.34
Asia-Pacific
Australian dollar	.6825	1.4652
1 month	.6822	1.4659
3 month	.6813	1.4678
6 month	.6799	1.4708
China yuan	.1442	6.9367
Hong Kong dollar	.1287	7.7725
India rupee	.01402	71.316
Indonesia rupiah	.0000737	13573
Japan yen	.00915	109.28
1 month	.00915	109.29
3 month	.00915	109.30
6 month	.00915	109.31
Kazakhstan tenge	.00264	378.6
Macau pataca	.1248923	8.007
Malaysia ringgit	.246	4.0655
New Zealand dollar	.6607	1.5135
Pakistan rupee	.00647	154.63
Philippines peso	.0197	50.801
Singapore dollar	.7400	1.3514
South Korea won	.0008546	1170.2
Sri Lanka rupee	.0055063	181.61
Taiwan dollar	.03328	30.05
Thailand baht	.03272	30.56
Vietnam dong	.00004315	23173
Europe
Bulgaria lev	.56382	1.774
Croatia kuna	.1481	6.75
Czech Republic koruna	.04381	22.827
Denmark krone	.1475	6.778
Euro area euro	1.1026	.9070
Hungary forint	.00327912	304.96
Iceland krona	.008025	124.61
Norway krone	.1105	9.0484
Poland zloty	.259	3.8614
Romania leu	.2306	4.336
Russia ruble	.01611	62.073
Sweden krona	.1045	9.5669
Switzerland franc	1.0297	.9712
1 month	1.0317	.9693
3 month	1.0358	.9654
6 month	1.0418	.9599
Turkey lira	.1684	5.9391
Ukraine hryvnia	.0407	24.5652
UK pound	1.3074	.7649
1 month	1.3062	.7656
3 month	1.3049	.7663
6 month	1.3038	.767
Middle East/Africa
Bahrain dinar	2.6529	.3769
Egypt pound	.0633	15.8006
Israel shekel	.2894	3.455
Kuwait dinar	3.2912	.3038
Oman sul rial	2.5974	.39
Qatar rial	.2747	3.6408
Saudi Arabia riyal	.2665	3.7517
South Africa rand	.0695	14.3928

Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure 21.1. You have just placed an order for 30,000 motherboards at a cost to you of 218.50 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $175 each.

a.	What is your profit at the current exchange rate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.	What is your profit if the exchange rate goes up by 10 percent over the next 90 days? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c.	What is your profit if the exchange rate goes down by 10 percent over the next 90 days? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. )
d.	What is the break-even exchange rate? (Round your answer to 4 decimal places, e.g., 32.1616.)
e.	What percentage rise or fall does this represent in terms of the Singapore dollar versus the U.S. dollar? (Input the value as a positive number. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)