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MU 2 points On the Tokyo Stock Exchange, Honda Motor Company stock closed at 2,809 per share, Honda trades as and ADR on the NYSE

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MU 2 points On the Tokyo Stock Exchange, Honda Motor Company stock closed at 2,809 per share, Honda trades as and ADR on the NYSE One underlying Honda share equallore ADR That day, the USD/JPY Spot exchange rate was 105.17 At this exchange rate what is the no-arbitrage US dollar price of one ADRIXXXX)

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