Question: please help time crunch!!! Assuming that efficient markets and the law of one price holds at an exchange rate of $1.43/. If a Honda Accord

please help time crunch!!! please help time crunch!!! Assuming that efficient markets and the law of

Assuming that efficient markets and the law of one price holds at an exchange rate of $1.43/. If a Honda Accord costs $18,365 in the U.S., the Honda Accord should cost in Great Britain. [Hint: Pay attention to the units of the exchange rate when applying and calculating P$S=PE, where S is in units of British pound per U.S. dollar] f26,262 18.365 f12,843 9,183

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