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The spot rate is SF 1.0654 = $1. A hotel room in a resort area of Switzerland costs SF 385. Based on absolute purchasing power

The spot rate is SF 1.0654 = $1. A hotel room in a resort area of Switzerland costs SF 385. Based on absolute purchasing power parity, what should an identical room in the U.S. cost?

$354.24

$361.37

$387.05

$410.18

$439.90

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