Question: Below is some financial data between the United States and New Zealand. United States New Zealand 1-Year Treasury yield 4.4% 5.4% Rate of inflation 2.0%

Below is some financial data between the United States and New

Below is some financial data between the United States and New Zealand. United States New Zealand 1-Year Treasury yield 4.4% 5.4% Rate of inflation 2.0% 3.0% The current spot exchange rate is 1.8288 New Zealand dollars (NZD) per 1 USD. The 1-vear forward exchange rate is 1.8625 NZD per USD. Question 10 (1 point) Assume that absolute purchasing power parity holds. Product A currently costs 100 NZD. Determine what the identical Product A should cost in the United States

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