Based on the information given, Williams' loss be over the life of the contract will be $48800
The first thing to do is to calculate the profit or loss for each quarter. This will be:
= 80000 - (105000 × 0.82)
= 80000 - 86100
= -6100
The number of quarters over the life is given as 8 quarters. Therefore, the loss over the life of the contract will be:
= 8 × -$6100
= $-48800
Therefore, the loss will be $48800
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