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The table below shows some actual data concerning exchange rates and the prices of SuperDuper Burgers in the summer of 2 0 2 0 .

The table below shows some actual data concerning exchange rates and the prices of SuperDuper Burgers in the summer of 2020. LocationSuperDuper Burgers Actual Exchange RateToronto5.22Canadian dollars Switzerland6.6Swiss francs$1 Canadian=0.92 Swiss francsSingapore4.8Singapore dollars$1 Canadian=1.28 Singapore dollarsHong Kong15.37Hong Kong dollars$1 Canadian=7.72 Hong Kong dollars a. Assuming purchasing power parity, what should the price of SuperDuper Burgers be in the three countries? Round your answers to 2 decimal places. Switzerland: Swiss francs.Singapore: $ 6.68 Singapore.Hong kong: $ Hong kong. b. Compared with the actual prices of SuperDuper Burgers in the three countries, are the actual exchange rates overvalued or undervalued?Swiss franc is overvalued.Singapore dollar is undervalued.Honk Kong dollar is undervalued.

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