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Suppose you have 2 1 , 0 0 0 in U . S . dollars ( USD ) and want to trade currencies. Your financial

Suppose you have 21,000 in U.S. dollars (USD) and want to trade currencies. Your financial analyst suggests buying Mexican pesos (MXN) since they're expected to strengthen. The initial exchange rate was MXN19.80 for USD1. Assume that you make a transaction, and in a month, the exchange rate changes to MXN19.50.
Calculate your profit or loss if you sell MXN for USD a month after the purchase. Write your answer as a positive number if you receive a profit or as a negative number if you receive a loss. If necessary, round any intermediate calculations and your final answer to the nearest whole number.

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