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Looking at the prices for Macbooks in Spain and USA, we find that for the same computer, you would pay 984 in Spain and $1,200
Looking at the prices for Macbooks in Spain and USA, we find that for the same computer, you would pay 984 in Spain and $1,200 in the USA. According to the law of one price, what should be the exchange rate in dollars to the euro ($/) ? a. I need more information b. 0.82 c. None of the others d. 1.22
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
10th Edition
0201785676, 9780201785678
