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Other Fields Homework Help Business Topic started by: papahomer on Jun 1, 2017



Title: A barrel of oil currently costs $60 in U.S. dollars. The current exchange rate is $1.1256 U. S. to ...
Post by: papahomer on Jun 1, 2017
A barrel of oil currently costs $60 in U.S. dollars. The current exchange rate is $1.1256 U. S. to the euro. If purchasing power parity prevails what is the price of a barrel of oil in euros?
A) 71.43 euro
B) 58.36 euro
C) 73.16 euro
D) 53.30 euro


Title: Re: A barrel of oil currently costs $60 in U.S. dollars. The current exchange rate is $1.1256 U. S. ...
Post by: David_hess on Jun 1, 2017
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