Question: Please answer the question 10 Please answer question 10 Please answer question 10 Please answer question 10 Please answer question 10 Question 9 5 pts

Please answer the question 10

Please answer question 10

Question 9 5 pts A bushel of rye currently costs USD 4.68, and the exchange rate is currently USD 0.75 per CAD. What would you expect the price of a bushel of rye to cost in CAD if the Law of One Price holds? Please give your answer to the nearest Canadian cent. 6.24 Question 10 10 pts You own a Canadian distillery that makes rye into whiskey. If the current price of rye in CAD is CAD 5.00 per bushel, what direction would you expect the price of Canadian rye to move in, assuming there are relatively few restrictions on trading agricultural products between the US and Canada. Is there any way you could alter your operations to benefit from or reduce the downside of this situation? Edit View Insert Format Tools Table 12pt v Paragraph v Tv

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