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Ignoring taxes, what are S&S Air's projected gains or losses from the proposed arrangement at the current exchange rate of $1.37/Euro? What happens to profits
Ignoring taxes, what are S&S Air's projected gains or losses from the proposed arrangement at the current exchange rate of $1.37/Euro? What happens to profits if the exchange rate changes to 1.25/Euro? At what exchange rate will the company break even?
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