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Question 2 : Exchange Rate Pass - Through ( 1 0 Points ) Price of Toyota Corolla in US . is $ 2 5 ,

Question 2: Exchange Rate Pass-Through (10 Points)
Price of Toyota Corolla in US. is $25,000 and it is 2,500,000 in Japan given the exchange rate of 100$. appreciates to 80$ and Toyota wants pass 80% of the exchange rate change to the U.S. customer. Calculate the ending price in U.S. after the change in exchange rate.
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