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Transaction exposure. International Products, Inc. has ordered 15,000 leather coats from Argentina for delivery in 15 months. The contracted cost of a coat is 125

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Transaction exposure. International Products, Inc. has ordered 15,000 leather coats from Argentina for delivery in 15 months. The contracted cost of a coat is 125 pesos. International Products will pay for the coats upon delivery. The current indirect exchange rate is $1 for 1.2526 pesos. The anticipated inflation rate is 2.8% in the United States and 7.3% in Argentina. In U.S. dollars, how much will the 15,000 leather coats cost International Products at delivery? In U.S. dollars, how much will the 15,000 leather coats cost International Products at delivery? (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check Answer na

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