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Assume a firm can produce a package of jerky in the U.S. and ship it to France for $1. If the firm wants a 20%

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Assume a firm can produce a package of jerky in the U.S. and ship it to France for $1. If the firm wants a 20% markup on the product and one euro can be exchanged for 1.3 US dollar, what should the jerky sell for in France? \begin{tabular}{|l|} \hline 0.6093 euro \\ \hline 0.9231 euro \\ \hline 0.5698 euro \\ \hline 0.8536 euro \\ \hline \end{tabular} Question 2 ( 4 points) Suppose that the exchange rate is 0.8 dollars per Swiss Franc. If the Franc appreciates 20% against the dollar, how many Francs would a dollar buy tomorrow? 0.961.040.801.25

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