Question: If a Dell Studio laptop sells for $ 9 9 6 in Austin, Texas and 6 6 9 6 in London, what is the implied

If a Dell Studio laptop sells for $996 in Austin, Texas and 6696 in London, what is the implied exchange rate between the US. dollar and the euro? (Reund answer to 4 decimal places, e.g.1.2514.)
Exchange rate
3 A
If a Dell Studio laptop sells for $ 9 9 6 in

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