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A computer costs $560 in the United States. The same model costs C580 in France. If purchasing power parity holds, what is the spot exchange

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A computer costs $560 in the United States. The same model costs C580 in France. If purchasing power parity holds, what is the spot exchange rote between the euro and the dollar? Do not round intermediate calculations. Round your answer to two decimal places. 1euro=1

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