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From January 20X1 to January 20X2, the KRW appreciated 5% against the USD. If Hyundai, a South Korean car company, raises the price of its
From January 20X1 to January 20X2, the KRW appreciated 5% against the USD. If Hyundai, a South Korean car company, raises the price of its G80 sedan by 4%, what is the percentage pass-through?
A. | 4% |
B. | 9% |
C. | 5% |
D. | 80% |
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