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Other things equal, and assuming efficient markets, if a Honda Accord costs $20232 in the U.S., then at an exchange rate of $1.22/, the Honda

Other things equal, and assuming efficient markets, if a Honda Accord costs $20232 in the U.S., then at an exchange rate of $1.22/, the Honda Accord should cost________ in Great Britain. *

20230.78

20233.22

24683.04

16583.61

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