Question

While traveling in the following countries you see 20-ounce plastic bottles of Coca-Cola. You know the price in the United States for a coke is $1.09, but the countries have the following prices:
Canada – C$ 1.50
Japan -- ¥ 125
England -- £ 0.60
Average Price across Europe -- € 0.90
What is the implied exchange rate for U.S. dollars and these four currencies?



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  • CreatedMay 08, 2014
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