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Homework answers / question archive / Price of product X in United States (USD) Price of product X in Denmark (DKr) Actual Exchange Rate   $ 3

Price of product X in United States (USD) Price of product X in Denmark (DKr) Actual Exchange Rate   $ 3

Accounting

Price of product X in United States (USD)

Price of product X in Denmark (DKr)

Actual Exchange Rate

  $ 3.10

 DKr27.75

DKr5.82 / $

 

Calculate if the product X is either undervalued or overvalued in Denmark.

Option 1

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