What should the identical set of clubs

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Reference no: EM13289501

A particular set of golf clubs in the U.S. costs $990. According to absolute purchasing power parity, what should the identical set of clubs cost in the U.K. when the spot rate is £0.6703 = $1?

A- £1,476.95
B- £1,428.08
C- £647.50
D- £633.80
E- £663.60

Reference no: EM13289501

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