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A product sells for $7,500 in Canada. The exchange rate is $1USD to $1.33CAD. If the law of one ...

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A product sells for $7,500 in Canada. The exchange rate is $1USD to $1.33CAD. If the law of one ...

A product sells for $7,500 in Canada. The exchange rate is $1USD to $1.33CAD. If the law of one price holds, what is the price of the product in the United States?

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$5,639 USD

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$9,975 USD

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$6,750 USD

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$7,162 USD

Textbook

Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

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