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Suppose that La Oficina de Envigado, a Colombian multinational entity, is selling its product in Australia for AUD127,000 per kilogram when the exchange rate is

Suppose that La Oficina de Envigado, a Colombian multinational entity, is selling its product in Australia for AUD127,000 per kilogram when the exchange rate is AUD1 = COP2,350. If the AUD appreciates to COP2,470, what price must La Oficina de Envigado charge to maintain its COP unit revenue? a. AUD123,467 b. AUD127,364 c. AUD133,485 d. AUD120,830

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