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Given the information : USD 3.75 Price of a BigMac in US: CHF 4.25 Price of a BigMac in Swtizerland : CAD 3.25 Price of
Given the information : USD 3.75 Price of a BigMac in US: CHF 4.25 Price of a BigMac in Swtizerland : CAD 3.25 Price of a BigMac in Canada: 1.HSD=1.25 CHF Exchange rate of CHF in Indirect Quote (CHF/USD): Exchange rate of CAD in Indirect Quote (CAD/USD):; 1USD = 0.75CAD At the going exchange rate, the dollar price of BigMac in Canada is:
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