What will that identical tv cost in tokyo if absolute, Financial Management

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What will that identical tv cost in tokyo if absolute

1. Assume $1 = ¥117.92 = £.6392. If a TV in London costs £430, what will that identical TV cost in Tokyo if absolute purchasing power parity exists?

¥32,411.02

¥79,326.66

¥98,001.28

¥82,880.09

2. The camera you want to buy costs $399 in the U.S. If absolute purchasing power parity exists, the identical camera will cost _____ in Australia if the exchange rate is A$1 = $.8526.

A$340.19

A$393.23

A$435.09

A$467.98

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