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Japanese Motors exports cars and trucks to the U.S. market. On November 15, 2001, its most popular model was selling (wholesale) to U.S. dealers for $20,000.

What price must Japanese Motors charge for the same model on February 20, 2004, to realize the same amount (of Japanese yen) as it did in 2001? (Refer to Table.)

2261_Table 9.jpg

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92093747

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