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Product exchange calculation from USD to Euros

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A product sells for $750 in the United States. The exchange rate is such that $1 equals 1.0219 euros. If purchasing power parity (PPP) holds, what is the price of the product (in euros) in the EMU countries?

726.750 euros
734.550 euros
766.425 euros
770.925 euros
781.393 euros

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A product sells for $750 in the United States. The exchange rate is such that $1 equals ...

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