Suppose a BMW 745iis priced at $57,750 in New York and 48,387 in Berlin. In which place

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Suppose a BMW 745iis priced at $57,750 in New York and €48,387 in Berlin. In which place is the car more expensive if the spot rate is $1.1935/€?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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