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Question 7 : Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1 . 2 8 6 1 S$ / US$

Question 7:
Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.2861 S$/US$. You have just placed an order for 28,000 motherboards at a cost to you of 232.00 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $195 each.
a- What is your profit at the current exchange rate?
b-What is your profit if the exchange rate goes up by 10 percent over the next 90 days?
c. What is your profit if the exchange rate goes down by 10 percent over the next 90 days?
d-What is the break-even exchange rate?
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