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Calculate profit if the exchange rates goes down

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Reference no: EM132887434

Problem 1: Suppose your company imports computer motherboards from Singapore. The exchange rate is $1.4507 per Singapore dollar. You have just placed an order for 39,524 motherboards at a cost to you of S148 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $116 each. Calculate your profit if the exchange rates goes down by 9.06% over the next 90 days.

Reference no: EM132887434

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