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Texts: 1. This question deals with PPP and exchange rate conversions. Define the market exchange rate as the foreign currency price for 1 US Dollar, e.g. 1 USD = 1.27 CAD (Canadian Dollar). (a) Find the exchange rates for various countries listed below. You can use websites such as Yahoo Currency Converter to aid you in your answers. Country Currency Exch Rate Price of BM BM exch rate (XR) in local currency (BMXR) USA USD 1 4.93 China Yuan 22.4 France Euro 4.25 Mexico Peso 54 India Rupees 190 Vietnam VND 60000
Submitted by Alexis G. Sep. 08, 2023 06:58 a.m.
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