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Assume that the price of a sandwich in Japan is Yen750 while that in the United States is $5.50. If the Yen-Dollar exchange rate is

Assume that the price of a sandwich in Japan is Yen750 while that in the United States is $5.50. If the Yen-Dollar exchange rate is 125Yen/Dollar, what is the valuation of Japanese Yen?

Group of answer choices

Overvalued by 9.1%

Overvalued by 135.4%

Overvalued by 13,536.4%

Undervalued by 135.4%

Undervalued by 9.1%

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