Question: Hello, I have a problem set from International Financial Management class, please help me, thank you! 4. Big Mac Index: a) Go to http://www.economist.com/content/big-mac-index and

Hello, I have a problem set from International Financial Management class, please help me, thank you!

4. Big Mac Index: a) Go to http://www.economist.com/content/big-mac-index and use the interactive chart to find the latest data of the Big Mac Index. Select USD as the base currency and complete the table below. Country Currency Price ofa Big Mac in local currency Actual Exchange Rate United States Switzerland Brazil South Korea India Please use the data in the table above to calculate the USD price of a Big Mac in each country, the implied PPP exchange rate, and undervaluation/overvaluation of eackh currency. Your results should be the same as reported by Economist. b) 4. Big Mac Index: a) Go to http://www.economist.com/content/big-mac-index and use the interactive chart to find the latest data of the Big Mac Index. Select USD as the base currency and complete the table below. Country Currency Price ofa Big Mac in local currency Actual Exchange Rate United States Switzerland Brazil South Korea India Please use the data in the table above to calculate the USD price of a Big Mac in each country, the implied PPP exchange rate, and undervaluation/overvaluation of eackh currency. Your results should be the same as reported by Economist. b)

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