Question
suppose the spot exchange rate for the canadian dollar is can$1.09 what is the value of the US dollar per canadian dollar? assuming absolute PPP
suppose the spot exchange rate for the canadian dollar is can$1.09 what is the value of the US dollar per canadian dollar? assuming absolute PPP holds what is the cost in the US of an Elk Head beer if the price in canada is can$2.50
Can$/U.S.$ $1.09
Price of beer in Canada $2.50
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Fundamentals Of Financial Management
Authors: James C Van Horne
3rd Edition
0133393410, 978-0133393415
