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What exchange rate does imply between the two currencies

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Question: Loonie Parity. If the price of former Chairman of the U.S. Federal Reserve Alan Greenspan's memoir, The Age of Turbulence, is listed on Amazon.ca as C$26.33, but costs just US$23.10 on Amazon.com, what exchange rate does that imply between the two currencies?

Reference no: EM131690588

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