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A certain car costs 37,500 in Greece and C$42,300 in Canada.If the current exchange rate is C$1.08/, what is the profit an arbitrageur could earn

A certain car costs 37,500 in Greece and C$42,300 in Canada.If the current exchange rate is C$1.08/, what is the profit an arbitrageur could earn per car (in terms of Canadian dollars) according to absolute PPP? Round intermediate steps to four decimals and your final answer to two decimals. Use only numeric characters when entering your response.

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