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Assume purchasing power parity holds and a Big Mac sells for $3.30 in the United States and kronur 127.29 in Iceland. What is the kronur/$
Assume purchasing power parity holds and a Big Mac sells for $3.30 in the United States and kronur 127.29 in Iceland. What is the kronur/$ exchange rate?
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
