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Suppose your company imports computer motherboards from Singapore. You have just placed an order for 25,000 motherboards at a cost to you of 150.90 Singapore

Suppose your company imports computer motherboards from Singapore. You have just placed an order for 25,000 motherboards at a cost to you of 150.90 Singapore dollars each. You will pay for the shipment when it arrives in 60 days. You can sell the motherboards for $136 each. The current exchange rate is $1.2042/$

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