Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: xroflmao on Jul 9, 2019
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A 2008 Toyota Camry can be bought in Buffalo, NY, for $18,720. The same model Camry can be purchased across the Canadian border in Hamilton, ON. If cars could be freely traded across the border, what would be the expected price of a 2008 Toyota Camry in Hamilton in Canadian dollars, given that $1 U.S. is equal to $0.98 Canadian?
◦ $20,212
◦ $19,102
◦ $18,345
◦ $18,720
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$19,102