Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure 21.1. You have just placed an order for 30,000 motherboards at a cost to you of 218.50 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $185 each.

What is your profit at the current exchange rate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is your profit if the exchange rate goes up by 10 percent over the next 90 days? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is your profit if the exchange rate goes down by 10 percent over the next 90 days? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. A negative answer should be indicated by a minus sign.)

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

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

Currencies U.S.-dollar foreign-exchange rates in late New York trading US$ vs, -Thurs YTD chg in US$ per US$ (%) US$ vs, Thurs YTD chg Country/currency in US$ per US$ (%) Americas Argentina peso .1250 8.0001 22.7 Brazil real 4476 2.2339 -5.4 Canada dollar .9126 1.0958 3.2 Chile peso .001773 564.00 7.3 Colombia peso .0005169 1934.50 0.2 Ecuador US dollor 1 1 unch Mexico peso .0767 13.0434 unch Peru new sol .3561 2.808 0.2 Uruguay peso .04379 22.8355 7.8 Venezuela b. fuerte 157480 6.3500 unch Country/currency Europe Czech Rep. koruna Denmark krone Euro area euro Hungary forint Norway Krone Poland zloty Russia ruble Sweden krona Switzerland franc 1-mos forward 3-mos forward 6-mos forward Turkey lira UK pound 1-mos forward 3-mos forward 6-mos forward .05050 1858 1.3869 .004524 .1683 .3306 .02807 .1537 1.1373 1.1376 1.1381 1.1391 .4749 1.6893 1.6889 1.6881 1.6867 19.800 5.3816 7210 221.06 5.9433 3.0246 35.620 6.5068 .8793 .8791 .8786 .8779 2.1057 .5920 .5921 .5924 5929 -0.4 -0.8 -0.9 2.2 -2.1 0.1 8.2 1.1 -1.5 -1.6 -1.6 -1.6 -2.0 -2.0 -2.0 -2.0 -2.0 Asia-Pacific Australian dollar .9274 1.0783 1-mos forward .9255 1.0805 3-mos forward .9216 1.0851 6-mos forward .9157 1.0920 China yuan .1598 6.2590 Hong Kong dollar .1290 7.7528 India rupee .01663 60.150 Indonesia rupiah .0000865 1 1555 Japan yen .009773 102.32 1-mos forward .009775 102.31 3-mos forward .009778 102.27 6-mos forward .009784 102.21 Malaysia ringgit .3062 3.2659 New Zealand dollar 86331.1584 Pakistan rupee 0101498.645 Philippines peso .0224 44.610 Singapore dollar .7982 1.2528 South Korea won .0009682 1032.80 Taiwan dollar .03305 30.256 Thailand baht .03090 32.367 Vietnam dong .00004742 21090 -3.9 -4.0 -4.0 -3. 9 3.4 unch -2.8 -5.0 -2.8 -2.9 -2.9 -2.9 -0.5 -4.8 -6.4 0.5 -0.8 -2.2 1.1 -1.1 -0.2 Middle East/Africa Bahrain dinar 2.6527 Egypt pound .1427 Israel Shekel .2896 Jordan dinar 1.4123 Kuwait dinar 3.5606 Lebanon pound .0006596 Saudi Arabia riyal .2666 South Africa rand 0953 UAE dirham .2723 3770 unch 7.0081 0.8 3.4528 -0.5 7081 0.1 2809 -0.6 1516.10 0.7 3.7507 unch 10.4879 unch 3.6731 unch Close Net Chg %ChgYTD%Chg WSJ Dollar Index 72.85 -0.01 -0.01 -1.31 WSJ Dollar Index 12.85 -0.01 -0.0 Sources: ICAP plc., WSJ Market Data Group Dant