An importer has produced the following budget for next month: The importer wants to stress test the
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An importer has produced the following budget for next month:
The importer wants to stress test the budget for a potential change in currency rates on the products that it imports. A currency change would increase material costs by $10 \%$, only half of which could be passed on to the importers powerful customers.
The revised gross profit for the month would be $__________________ (round to the nearest \$)
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