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boland boland
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Posts: 1892
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7 years ago
If the current exchange rate is 113 Japanese yen per U.S. dollar, the price of a Big Mac hamburger in the United States is $3.41, and the price of a Big Mac hamburger in Japan is 280 yen, then other things equal, the Big Mac hamburger in Japan is
A) under priced.
B) over priced.
C) correctly priced.
D) There is not enough information to determine if the price is appropriate or not.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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7 years ago
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boland Author
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#2
7 years ago
This is awesome, thanks so much
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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