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Safari File Edit Blackboard New Jersey. View History Bookmarks Bb NJCLI Blackboard Ultra Window Help Content mathxl.com O Do Homework 2 of 6 (1 complete) V - HW 11 (C... cour se Hero Fri 9:42 PM Q 8 B South Korea's Exoorts Inc.._ FINC3641628 International Finance spring 2021 Homework: HW 11 (Ch 12) Score: O of 4 pts Problem 12-2 (algorithmic) Timeeka Milton a | 04/30/219.42 PM Save HW Score: 20%, 4 of 20 pts Question Help V Acua Leather Goods. DeMagistris Fashion Company, based in New York City, imports leather coats from Acuia Leather Goods, a reliable and longtime supplier, based in Buenos Aires, Argentina. Payment is in Argentine pesos. When the peso lost its parity with the U.S. dollar in January 2002, it collapsed in value to Ps4.O/S by October 2002. The outlook was for a further decline in the peso's value. Since both DeMagistris and Acuia wanted to continue their longtime relationship, they agreed on a risk-sharing arrangement. As long as the spot rate on the date of an invoice is between Ps3.5/S and Ps4.5/S, DeMagistris will pay based on the spot rate. If the exchange rate falls outside this range, they will share the difference equally with Acua Leather Goods. The risk-sharing agreement will last for six months, at which time the exchange rate limits will be reevaluated. DeMagistris contracts to import leather coats from Acua for or $1 at the current spot rate of Ps4.O/$ during the next six months. a. If the exchange rate changes immediately to Ps6.O/$, what will be the dollar cost of six months of imports to DeMagistris? b. At Ps6.O/$, what will be the peso export sales of Acua Leather Goods to DeMagistris Fashion Company? a. If the exchange rate changes immediately to Ps6.O/$, what will be the dollar cost of six months of imports to DeMagistris? (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer. remaining Page 1 of 1 26 words C English (United States) Clear All Check Answer Focus 100%