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Question - Suppose your company imports computer motherboards from Singapore. The exchange rate is $1.4008 per Singapore dollar. You have just placed an order for 40,974 motherboards at a cost to you of S149 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $119 each. Calculate your profit if the exchange rates goes up by 9.68% over the next 90 days.

Reference no: EM132974149

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