Question: = Homework: Chapter 18 Homework Question 5, P18-15 (simi... > HW Score: 0%, 0 of 7 points O Points: 0 of 1 Save Transaction exposure.

 = Homework: Chapter 18 Homework Question 5, P18-15 (simi... > HW

= Homework: Chapter 18 Homework Question 5, P18-15 (simi... > HW Score: 0%, 0 of 7 points O Points: 0 of 1 Save Transaction exposure. International Products, Inc. has ordered 14,000 leather coats from Argentina for delivery in 9 months. The contracted cost of a coat is 139 pesos. International Products will pay for the coats upon delivery. The current indirect exchange rate is $1 for 1.1749 pesos. The anticipated inflation rate is 4.1% in the United States and 7.1% in Argentina. In U.S. dollars, how much will the 14,000 leather coats cost International Products at delivery? In U.S. dollars, how much will the 14,000 leather coats cost International Products at delivery? $ (Round to the nearest cent.)

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