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e) A new coat costs 3,900 Russian rubles. How much will the identical coat cost in Euros if absolute purchasing power parity exists and the

e) A new coat costs 3,900 Russian rubles. How much will the identical coat cost in Euros if absolute purchasing power parity exists and the following exchange rates apply? U.S. $ Equivalent Country Russia Euro Currency per U.S. $ 27.0520 1.2762

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