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A televiston costs $780 in the United States. The same television costs 630.5 euros. If purchasing power parity holds, what is the spot exchange rate

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A televiston costs $780 in the United States. The same television costs 630.5 euros. If purchasing power parity holds, what is the spot exchange rate between the euro and the dollar? Do not round intermediate calculations. Round your answer to four decimal places. 11= euro(s) A televiston costs $780 in the United States. The same television costs 630.5 euros. If purchasing power parity holds, what is the spot exchange rate between the euro and the dollar? Do not round intermediate calculations. Round your answer to four decimal places. 11= euro(s)

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