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QUESTION
A 2018 BMW 735i costs 75,000 Euros when purchased in Germany. (10 pts) How much will an American consumer pay in US Dollar if the nominal exchange...
A 2018 BMW 735i costs 75,000 Euros when purchased in Germany. (10 pts) How much will an American consumer pay in US Dollar if the nominal exchange rate is 0.81570 EUR/1US$ (Assume no transactions costs)?
