P18-15 (similar to) Question Help Transaction exposure. International Products, Inc. has ordered 16,000 leather coats from Argentina for delivery in 3 months. The contracted cost of a coat is 125 pesos. International Products will pay for the coats upon delivery. The current indirect exchange rate IS$1 for 272 pesos. The anticipated inflation rate is 6% n the United States and 7.1% in Argentina. In U.S. dollars, how much will the 16,000 leather coats cost International Products at delivery? In U.S. dollars, how much will the 16,000 leather coats cost International Products at delivery? $(Round to the nearest cent.)