Question: The table below shows some actual data concerning exchange rates and the prices of SuperDuper Burgers in the summer of 2020 Actual Exchange Rate

The table below shows some actual data concerning exchange rates and the

The table below shows some actual data concerning exchange rates and the prices of SuperDuper Burgers in the summer of 2020 Actual Exchange Rate Location Toronto Switzerland Singapore Hong Kong SuperDuper Burgers 5.3 6.3 4.5 15.35 Switzerland: Singapore: $ Hong kong' $ Swiss francs. Singapore. Hong kong Canadian dollars Swiss francs Singapore dollars Hong Kong dollars a. Assuming purchasing power parity, what should the price of SuperDuper Burgers be in the three countries? Round your answers to 2 decimal places $1. Canadian $1 Canadian $1 Canadian Swiss franc is (Click to select) Singapore dollar is (Click to select) Honk Kong dollar is (Click to select) 0.89 Swiss francs 1.25 Singapore dollars 7.69 Hong Kong dollars b. Compared with the actual prices of SuperDuper Burgers in the three countries, are the actual exchange rates overvalued or undervalued?

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