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# \$1.00Problem:The exchange rate is currently

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Problem: The exchange rate is currently 1.5803 S\$/US\$. You have just placed an order for 45,000 motherboards at a cost to you of 172.9 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for \$144 each. If the exchange rate goes up by 8% over the next 90 days, your profit will be \$--------- . (Do not include the dollar sign (\$). Round your answer to the nearest whole number, (e.g., 32)) If the exchange rate goes down by 8 percent over the next 90 days, your profit will be S____________ . (Do not include the dollar sign (\$). Round your answer to the nearest whole number, (e.g., 32)) The break-even exchange rate is \$------. (Do not include the dollar sign(\$). Round your answer to 3 decimal places, (e.g., 32.161)) Singapore dollars per U.S. dollar. This represents a----------percent change in the Singapore dollar relative to the U.S. dollar. (Do not include the percent sign (%). Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places, (e.g., 32.16))

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\$1.27
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• Posted on Dec 20, 2011 at 10:31:34PM
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Preview: ... is 1.5803 S\$ / US\$. I'd like you to check it as imo it should ...

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\$10.00
INTERNATIONAL FINANCE PROBLEM SOLVED : A+++++ GRADE.
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• Posted on Dec. 21, 2011 at 01:22:48AM
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Rating (194):A-