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Suppose your company in Indonesia imports Lamb meat from Australia. The current exchange rate 1 0 , 3 0 0 ( per AUD ) ,

Suppose your company in Indonesia imports Lamb meat from Australia. The current exchange rate 10,300(per AUD), or 0.000097087(in AUD). You have just placed an order for 29,000 ton at a cost to you of 3500 AUD per ton. You will pay the shipment when it arrives in 90 days. You can sell the meat for 35,500,000 IDR per ton. Calculate your total profit in IDR! Calculate your total profit if the exchange rate goes up by 10 percent over the next 90 days! What is the breakeven exchange rate?

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