The implied exchange rate between usd and japan based on, Financial Management

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The implied exchange rate between usd and japan based on

According to January 16th issue of the Economist, the current price of Big Mac in US is around $3.73, while the price of Big Mac in Japan is around JPY320. The current exchange rate is JPY82.5/$. The “implied” exchange rate between USD and Japan based on “Big MacCurrency” is

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