Assume that CAD19,915 is the current price level in Canada, while AUD17,503 is the current price level in Australia for an equivalent bundle of goods. Given a spot exchange rate of CAD1.0863/AUD, what is the internal and external purchasing power of CAD1.40 million? Is the Canadian dollar overvalued or undervalued relative to the Australian dollar? a. 70.30 consumption bundles; 73.63 consumption bundles; overvalued b. 70.30 consumption bundles; 73.63 consumption bundles; undervalued c. 79.99 consumption bundles; 64.71 consumption bundles; overvalued d. 79.99 consumption bundles; 64.71 consumption bundles; undervalued e. 64.71 consumption bundles; 79.99 consumption bundles; undervalued