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Finance - International Business #10 (Purchasing-power parity) If a new Samsung Blu-Ray machine costs (yen)50,000 in Japan, and the current spot rate is (yen) 92.7901

Finance - International Business

#10 (Purchasing-power parity) If a new Samsung Blu-Ray machine costs (yen)50,000 in Japan, and the current spot rate is (yen) 92.7901 divided by $, how much should this machine cost in the United States?

a. The price of the Samsung Blu-Ray machine in dollars is $________.(Round to the nearest dollar.)

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