Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.5137 S$/US$. You have just placed an order for 38,000 motherboards at a cost to you of 231.15 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $163 each. (Enter your answer as directed, but do not round intermediate calculations.)

Requirement 1:

(a)	Calculate your profit if the exchange rates stay the same over the next 90 days.(Round your answer to 2 decimal places (e.g., 32.16).)

Profit

$

(b)	Calculate your profit if the exchange rate rises by 9 percent over the next 90 days.(Round your answer to 2 decimal places (e.g., 32.16).)

Profit

$

(c)	Calculate your profit if the exchange rate falls by 9 percent over the next 90 days.(Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).)

Profit

$

Requirement 2:

What is the break-even exchange rate? (Round your answer to 4 decimal places (e.g., 32.1616).)

Break-even exchange rate

S$ /$

Requirement 3:

What percentage decrease does this represent in terms of the Singapore dollar versus the U.S. dollar?(Input the amount as positive value. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Percentage decrease

%

Please explain how you get to your answer, Thanks!