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6 A box of candy costs 28.80 Swiss francs in Switzerland and $20 in the United States. Assuming that purchasing power parity (PPP) holds, what

6 A box of candy costs 28.80 Swiss francs in Switzerland and $20 in the United States. Assuming that purchasing power parity (PPP) holds, what is the current exchange rate? Answer 1 U.S. dollar equals 0.69 Swiss francs 1 U.S. dollar equals 0.85 Swiss francs 1 U.S. dollar equals 1.21 Swiss francs 1 U.S. dollar equals 1.29 Swiss francs 1 U.S. dollar equals 1.44 Swiss francs

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