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Question 17 2 pts An iPhone 7 (64GB) is priced at IDR 9.3625 million in Indonesia, In Denver, the price of a similar phone is
Question 17 2 pts An iPhone 7 (64GB) is priced at IDR 9.3625 million in Indonesia, In Denver, the price of a similar phone is USD 709. The spot rate between the Indonesian rupiah and the USD is IDR 13,000/USD Using the PPP, calculate the amount of IDR's overvaluation (+)/undervaluation(-) (Assume indirect quote with USD as the home currencyl +2.885% -2.885% -2.80% +2.80% Next
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
1st Edition
1607962233, 978-1607962236
