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Assume that the export price of a Toyota Camry XLE, Japan is 3,500,000 ($31,963). The exchange rate is 109.50/$. Assume the exchange rate will change

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Assume that the export price of a Toyota Camry XLE, Japan is 3,500,000 ($31,963). The exchange rate is 109.50/$. Assume the exchange rate will change to 108.00/$. Assuming partial pass through of 70%, what will the new price be in US$? $31,963 $32,230 $32,274 $32,407 None of the answers is correct

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