MC algo $21-13$ Absolute Purchasing Power Parity

A ski resort hotel room in Switzerland costs SF$340.$ A ski resort hotel room in Colorado costs $$361.$ Assuming the slopes and h$$tel rooms are identical, what is the Swiss franc$/$U$.$S$.$ dollar exchange rate?

Multiple Choice

SF$1\mathrm{.}0091/$$

SF$\mathrm{.}9418/$$

SF$1\mathrm{.}1079/$$

SF$1\mathrm{.}0618/$$

SF$\mathrm{.}9795/$$