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$1.00 Problem:The exchange rate is currently

Asked by :
family1098
family1098
Rating :No Rating
Questions Asked: 4
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Q:
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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$1.27
Answer to the blanks.
  • This tutorial hasn't been purchased yet.
  • Posted on Dec 20, 2011 at 10:31:34PM
Posted by :
McMehmood
McMehmood
Rating (7):A+
Questions Asked: 2
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A:
Preview: ... is 1.5803 S$ / US$. I'd like you to check it as imo it should ...

The full tutorial is about 53 words long .
 
$10.00
INTERNATIONAL FINANCE PROBLEM SOLVED : A+++++ GRADE.
  • This tutorial hasn't been purchased yet.
  • Posted on Dec. 21, 2011 at 01:22:48AM
Posted by :
pavan101
pavan101
Rating (194):A-
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A:
Preview: ... $ = 778.050 . Exchange rate after 90 days goes down by 8%. It means S$ depreciates by 8%. So, the exchange rate at that time = 1.5803*1.08 = 1.7067  (S$/US$). Purchase cost in US$ to be paid after 90 days = 778,050/1.7067 = 455,873.36 . ...

The full tutorial is about 206 words long .