A bottle of German wine costs €21 (euros) in Berlin. According to the purchasing power parity
theory,
what would the bottle sell for in New York if it costs the New York company $1.25 per
bottle to transport the wine to the United States? Assume the exchange rate is $1.32 per euro.
A) $40.54 B) $39.50 C) $28.97 D) $27.22
C
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Which of the following religions has the largest number of adherents?
A) Islam B) Christianity C) Hinduism D) Judaism
Business
ABC, Inc. just paid a dividend of $2. ABC expects dividends to grow at 10%. The return on stocks like ABC, Inc. is typically around 12%. What is the most you would pay for a share of ABC stock?
A) $100 B) $110 C) $120 D) $130
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