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Suppose the price of gold is P$ = $ 1 , 8 9 9 . 6 6 / oz and P = 1 , 6

Suppose the price of gold is P$ = $1,899.66/oz and P=1,621.32/oz. The PPP requires the spot exchange rate to be $________/.
$1.1717/
$0.8587/
$1.8997/
$1.6213/
$0.9125/

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