Question: please explain 15. Please use the data below, to answer the following question USD 3.25 JPY 290 1 USDJPY 100 BigMac price in the US

please explain

15. Please use the data below, to answer the following question USD 3.25 JPY 290 1 USDJPY 100 BigMac price in the US BigMac price in Japan Current Exchange Rate Based on PPP, the JPY is a. overvalued by 10.77% b. undervalued by 12.07% c. overvalued by 12.07% undervalued by 10.77% 16. Please use the data below, to answer the following question. BigMac price in the US USD 3.25 Big Mac price in Japan JPY 290 Current Exchange Rate 1 USD = JPY 100 Based on absolute PPP violations present in the above data, it would be beneficial for a US company that: a. exports to Japan 67 imports from Japan

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