A)Complete the table by finding the implied PPP exchange rate (column 4) and then determine whether the $ is overvalued or undervalued relative to the PPP exchange rate at the actual exchange rate.

lnsert I'D (X. Cut E Co Paste El Py . " Farmat Painter Clipboard n L N a 'f m Page 1 of 3 305 wards [13 Design Layout Times New R ' 1O Font .1. References v AA A' A3. B I Qvabexzxz .1: Mailings '3' Review T2 fall 15(2) [Compatibility Mode] , Word View Help n Paragraph U Q ; Te' n Maritza Rosas E 'll Normal 'l No Spac.. Heading 1 Title Subtitle Subtle Em. . Emphasis AaBchDd AaBchDd AaBbC AaBbC AaBchDl AaBchDri AaBchDd. AanCch [ntense E... n Styles 'SH'lH'Q' l) The following table contains prices for Big Macs in various countries along with the current exchange rates. C Big Mac Price (in Actual Exchange Implied PPP 3 Overvnlue or gantry local Currency Rate Exchange Rate Undervalued US 3 3.52 -- -- -- Canada CS 4.08 C$ 1.08 Britain 2.60 $ 1.64 Mexico Peso 45.2 Peso 13.7 Eura Area 2.60 S 1.25 A) Complete the table by finding the implied PPP exchange rate (column 4) and then determine whether the S is overvalued nr undervalued relative to the PPP exchange rate at the actual exchange rate. (32 pts) 0 Type here to search K. ,0 Find v 59: Replace % Select ' Editing 12H '1."2 I7 3