Suppose Your Company Imports Computer Motherboards from Singapore

Suppose your company imports computer motherboards from Singapore.The exchange rate is currently 1.5803S$/US$.You have just placed an order for 30,000 motherboards at a cost to you of 170.90 Singapore dollars each.You will pay for the shipment when it arrives in 120 days.You can sell the motherboards for $148 each.What will your profit be if the exchange rate goes up by 8 percent over the next 120 days?

A) $913,564
B) $1,008,121
C) $1,216,407
D) $1,435,999
E) $1,502,400