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Suppose a Voltswagen costs $26,350 in Battimore and 21,675 in Frankfurt, what is the implied exchange rate between the USD and the Euro? Select one
Suppose a Voltswagen costs $26,350 in Battimore and 21,675 in Frankfurt, what is the implied exchange rate between the USD and the Euro? Select one a. $0.8325/6 b. $0.82281/ X c. $1.2571/E d $1.2157/e
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