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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 LocationSuperDuper Burgers Actual Exchange RateTorontoCanadian dollars SwitzerlandSwiss francs$ Canadian Swiss francsSingaporeSingapore dollars$ Canadian Singapore dollarsHong KongHong Kong dollars$ Canadian Hong Kong dollars a Assuming purchasing power parity, what should the price of SuperDuper Burgers be in the three countries? Round your answers to decimal places. Switzerland: Swiss francs.Singapore: $ 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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