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What price must La Oficina de Envigado charge

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Question - Suppose that La Oficina de Envigado, a Colombian multinational entity, is selling its product in Australia for AUD127,000 per kilogram when the exchange rate is AUD1 = COP2,350. If the AUD appreciates to COP2,470, what price must La Oficina de Envigado charge to maintain its COP unit revenue?

Reference no: EM133037062

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