Question: Need help solving this problem please. x 5 Using spot and forward exchange rates - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW

Need help solving this problem please. x 5 Using spot and

Need help solving this problem please.

x 5 Using spot and forward exchange rates - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In X Calibri 11 ' % Paste B I U -A- Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font A1 X fo A B D E F G H I 1 2 3 Suppose the spot exchange rate for the Canadian dollar is Can$1.09. What is the value of the U.S. dollar per Canadian dollar? Assuming absolute PPP holds, what is the cost in the United States of an Elkhead beer if the price in Canada is Can$2.50? 4 5 6 Can$/U.S.$ Price of beer in Canada $ $ 1.09 2.50 7 8 9 10 Complete the following analysis. Do not hard code values in your calculations. U.S.$/Can$ 11 12 13 14 15 Price of beer in U.S. $ 2.2936 16 17 18

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