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Q 2 . Suppose current U . S . price level is at 1 1 2 and Swiss price level is at 1 0 7

Q2. Suppose current U.S. price level is at 112 and Swiss price level is at 107, relative to base price levels of 100. If the initial value of the Swiss franc was $0.98, then according to PPP, what is the dollar value of the franc? If Swiss price level is 119?
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