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What is the percentage pass-through

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Problem 1: From January 2019 to January 2020, the EUR appreciated 10% against the USD. If Norvatis, a European pharmaceutical company, raises the price of its hypertensive drug by 6%, what is the percentage pass-through?

Group of answer choices

Option 1: 150%

Option 2: 10%

Option 3: 60%

Option 4: 40%

Reference no: EM132954167

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