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MXN/PEN .17 (point 17) in nominal currency exchange rate terms. The same television costs 680 Pesos in Mexico and 450 SOL in Peru. Based on
MXN/PEN .17 (point 17) in nominal currency exchange rate terms. The same television costs 680 Pesos in Mexico and 450 SOL in Peru. Based on these data points, please select the correct answer choices below. Note: PEN is the 3 letter abbreviation for Peru's currency which is called the Peruvian SOL. There is more than one correct answer choice below. To receive full credit, students must select all correct answer choices. A. Based on the data points above, I would expect to pay 115.60 Peruvian SOL for the T.V. in Peru. B. Based on the data points above, I would expect to pay 115 Mexican Pesos for the T.V. in Mexico. c. Based on the data points above, SOL/MXN 5.88 in nominal currency exchange rate terms. D. Based on the data points above, I am better off buying the T.V. in Peru
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