How much should the us firm sell the product in holland
Problem
It costs a U.S. firm located in Hammond, Indiana $1.45 to make and ship a product to Holland. Suppose the direct quote for the euro is $1.12. How much should the U.S. firm sell the product in Holland in order to have a 50 percent markup?
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Suppose the direct quote for the euro is $1.12. How much should the U.S. firm sell the product in Holland in order to have a 50 percent markup?
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