The law of one price (LOP) is assumed to hold between the Un

Assignment Help Finance The law of one price (LOP) is assumed to hold between the Un

Finance

The law of one price (LOP) is assumed to hold between the Un

The law of one price (LOP) is assumed to hold between the United States and Canada. The CAD is tradi… Show more The law of one price (LOP) is assumed to hold between the United States and Canada. The CAD is trading in the spot market at CADUSA = 0.90. If half a gallon of orange juice costs USD 2.50 in the United States, what is its cost in Canada? • Show less

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