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You can borrow up to CAD 5 million. Mercedes-Benz in Germany is sold for 50,000, while the same car in Canada is sold for CAD
You can borrow up to CAD 5 million. Mercedes-Benz in Germany is sold for 50,000, while the same car in Canada is sold for CAD 75,000. The current exchange rate is CAD 1.45/. What is your strategy to make money if the PPP is holding true? How much profit can you make? Show all the details.
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