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What is the break-even exchange rate

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Question - Suppose your company imports computer motherboards from Singapore. The exchange rate is $1.4762 per Singapore dollar. You have just placed an order for 41,132 motherboards at a cost to you of S158 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $110 each. What is the break-even exchange rate?

Reference no: EM133052745

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