Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.3356 S$/US$. 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 $175 each.

a)Calculate your profit if the exchange rate stays the same over the next 90 days.

b)Calculate your profit if the exchange rate rises by 10 percent over the next 90 days

c)Calculate your profit if the exchange rate falls by 10 percent over the next 90 days

d)What is the break-even exchange rate?

$

e)What percentage decrease does this represent in terms of the Singapore dollar versus the U.S. dollar?

%