Problem: 1. The exchange rates is 8 rubles per dollar. The Russian price level is 200. The price level in U.S. is 100. Find the real exchange rate. 2. If the exchange rate is 0.60 British $1, pounds coffee that costs 3 pounds? how much a cup of

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter27: Multinational Financial Management
Section: Chapter Questions
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Problem:
1. The exchange rates is 8 rubles per
dollar. The Russian price level is
200. The price level in U.S. is 100.
Find the real exchange rate.
2. If the exchange rate is 0.60 British
of
$1,
how
much
pounds
coffee that costs 3 pounds?
a
cup
Transcribed Image Text:Problem: 1. The exchange rates is 8 rubles per dollar. The Russian price level is 200. The price level in U.S. is 100. Find the real exchange rate. 2. If the exchange rate is 0.60 British of $1, how much pounds coffee that costs 3 pounds? a cup
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