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Suppose your company imports computer motherboards from Singapore. You have just placed an order for 30,000 motherboards at a cost to you of 229.50 Singapore

Suppose your company imports computer motherboards from Singapore. You have just placed an order for 30,000 motherboards at a cost to you of 229.50 Singapore dollars (SND) each. The spot exchange rate is SND1.2528 per $1. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $195 each. If the exchange rate goes up by 10% over the next 90 days, what will be the change in your profit?

a.

-$153,918.50

b.

$256,321.84

c.

$354,310.34

d.

$499,608.16

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