Question: % D Question 26 3 pts Suppose that the spot exchange rate is CAD 1.350/EUR, that the price level in Canada is CAD 18,600, the

% D Question 26 3 pts Suppose that the spot exchange rate is CAD 1.350/EUR, that the price level in Canada is CAD 18,600, the price level in France is EUR 12.750. What is the implied exchange rate of CAD/EUR that satisfies absolute PPP? CAD 0.741/EUR CADOS EUR CAD 1413 EUR CAD1350 EUR CAD 1.459/EUR D Question 27 1 pts Suppose that the spot exchange rate is CAD135/EUR, that the price level in Canada is CAD 18.600, the price level in France is EUR 12.750. Is the euro overvalued or undervalued relative to the Canadian dollar according to the absolute purchasing power party Overvalued Undervalued Equal to the spot exchange rate Neither undervalued or overvalued No enough information

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