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  3. Financial Management Principles and Applications Study Set 3
  4. Quiz 20: International Business Finance

10,000 Pounds of Soybeans Currently Sells in the United States

Question 73
Multiple Choice

10,000 pounds of soybeans currently sells in the United States for $57 300.The current exchange rate is 68.13 rupees to the dollar.If purchasing-power parity prevails, what is the price of 10,000 pounds of soybeans in rupees? A)3 903 849 rupees B)8 410 392 rupees C)68 130 rupees D)1 467 782 rupees

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