A box of candy costs 2880 swiss francs in switzerland and


A box of candy costs 28.80 Swiss francs in Switzerland and $17.5 in the United States. Assuming that purchasing power parity (PPP) holds, how many Swiss francs are required to purchase one U.S. dollar?

a)1.3659
b)1.2507
c)1.4153
d)1.7938
e)1.6457

 

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Finance Basics: A box of candy costs 2880 swiss francs in switzerland and
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