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boland boland
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Posts: 1892
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8 years ago
Other things equal, and assuming efficient markets, if a Honda Accord costs $21,375 in the U.S. then at an exchange rate of $1.63/£, the Honda Accord should cost ________ in Great Britain.
A) £18,365
B) £13,113
C) £42,322
D) £21,375
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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8 years ago
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boland Author
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#2
8 years ago
You're amazing, seriously
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8 years ago
We should all be helping each other on here, so I'm happy to have helped
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