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Your company just placed an order for 30,000 motherboards at a cost of 204.7 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $140 each. The current exchange rate is 1.3941 Singapore dollars per U.S. dollar. Calculate your profit if the exchange rate goes up or down by 10 percent over the next 90 days.

Financial Management, Finance

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