Suppose your company imports computer motherboards fromSingapore. The exchange rate is currently 1.5119 S$/US$. You havejust placed an order for 20,000 motherboards at a cost to you of231.70 Singapore dollars each. You will pay for the shipment whenit arrives in 90 days. You can sell the motherboards for $164each.

Calculate your profit if the exchange rates stay the same over thenext 90 days. (Do not round intermediate calculations andround your answer to 2 decimal places, e.g.,32.16.)

Profit           $  

Calculate your profit if the exchange rate rises by 8 percent overthe next 90 days. (Do not round intermediate calculationsand round your answer to 2 decimal places, e.g.,32.16.)

Profit           $

Calculate your profit if the exchange rate falls by 8 percent overthe next 90 days. (A negative answer should be indicated bya minus sign. Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)

Profit           $

What is the break-even exchange rate? (Do not roundintermediate calculations and round your answer to 4 decimalplaces, e.g., 32.1616.)

Break-even exchange rate           S$  /$

What percentage decrease does this represent in terms of theSingapore dollar versus the U.S. dollar? (Enter your answeras a positive value. Do not round intermediate calculations andenter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)

Percentage decrease            %