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The price of a Starbucks tall vanilla latte in Zagreb is 25.76kn (kn or HRK). In New York City, the price of a tall vanilla

The price of a Starbucks tall vanilla latte in Zagreb is 25.76kn (kn or HRK). In New York City, the price of a tall vanilla latte is $2.69. The exchange rate between Croatian kunas (kn) and U.S. dollars is kn5.6288/$. According to purchasing power parity, is the Croatian kuna overvalued or undervalued? O undervalued; approximately 70.13% O undervalued; approximately 71.00% O overvalued; approximately 70.13% O overvalued; approximately 71.00% 2

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