Look at Table 22.2 which shows the dollar price of Big Macs in different countries. Use the

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Look at Table 22.2 which shows the dollar price of Big Macs in different countries. Use the exchange rates in Table 22.1 to calculate the price of a Big Mac in the local currency in each of the following countries:
a) Australia,
b) Brazil,
c) China,
d) The euro area,
e) Japan,
f) Switzerland, and
g) The U.K.
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Fundamentals of Corporate Finance

ISBN: 978-1259722615

9th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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