(c)Below table compare the price of laser engraver machine in Malaysia and Vietnam. Price in Malaysian Ringgit (MYR) Price in Vietnamese Dong (VND) Actual Exchange Rate 1,500 8,000,000 MYR / VND = 5,407.62

i.Determine if the laser engraver machine being priced equally. (4 marks)

ii.Is the laser engraver machine in Vietnam undervalued or overvalued? (2 marks)

iii.Calculate the implied Purchasing Power Parity (PPP) rate of exchange based on the two product prices. (4 marks)

iv.Based on the implied PPP, calculate the percentage of the laser engraver machine in Vietnam being undervalued or overvalued. (4 marks)

KINDLY TYPE