Purchasing power parity
A television costs $670 in United States. The same set costs 319 euros. If purchasing power parity holds, determine the spot exchange rate between the euro and the dollar? Round your answer to the nearest cent.
$1 = euro(s)
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A currency trader observes that in the spot exchange market, 1 U.S. dollar can be exchanged for the 4.89 Israeli shekels or for 108.76 Japanese yen. Determine the cross-exchange rate between yen and shekel; that is, how many yen would you receive
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Should SOX-like provisions be needed for the federal government? Has there been any move in this direction? Why or why not?
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