Question
International Finance Tell me the answer asap! I'm in a hurry, I'll finish it in half an hour! please. thanks The below data are from
International Finance
Tell me the answer asap! I'm in a hurry, I'll finish it in half an hour! please. thanks
- The below data are from the Big Mac Index from The Economist. Please evaluate the Purchasing Power Parity (PPP) in terms of the foreign currency per USD1. Then predict whether the foreign currency is overvalued or undervalued relative to the USD.
| Country | Big Mac Price | Exchange Rate | PPP | Percentage Under/Overvalued |
| United States | USD4.56 | - |
|
|
| Indonesia | IDR27,939 | IDR 9965 /USD1 |
|
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| Malaysia | MYR7.30 | 3.18 MYR/USD1 |
|
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| Singapore | SGD4.7 | SGD1.27 /USD1 |
|
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| Thailand | THB89 | THB 21.28 /USD1 |
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Crypto Finance Law And Regulation
Authors: Joseph Lee
1st Edition
0367086611, 978-0367086619
