Assume that the current price of a Big Mac in the United States today is $5.75.  Assume also that the current price of a Big Mac in Peru is 10.50 sol and that the current USDPEN exchange rate is 3.7400 sol per USD.  What is the implied PPP of the USD?

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A:

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A: Required:Risk-free Dollar Denominated Return=?

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A:

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