If a new Samsung Blu-Ray machine costs 4,000 in Japan and the current spot rate is .104/$,

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If a new Samsung Blu-Ray machine costs ¥4,000 in Japan and the current spot rate is ¥.104/$, how much should this machine cost in the United States?

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Financial Management Principles and Applications

ISBN: 978-0133423822

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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Question Posted: Oct 31, 2014 07:38 AM

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If a new Samsung Blu-Ray machine costs 4,000 in Japan and the current spot rate is .104/$,

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We will use purchasingpower parity PPP to find the cost ...View the full answer

Financial Management Principles and Applications

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