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In July 2018, a Big Mac costs 11,900 pesos in Colombia and US$5.51 in the United...

In July 2018, a Big Mac costs 11,900 pesos in Colombia and US$5.51 in the United States. What is the implied exchange rate if PPP holds?

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ePrice of Big Mac inPe sos γ) ce of Big Moein dolla 1900 5-5) Tnis me ans exchage rate between Pesos And 0 0o046 dollars ptr pesos.PPP tokes inta acconnt o 9oodl tnoct Will cost some n eoch cowhy dollors for peSos X thin buy Big Moc thn also we wilu qet it for Some yati wonld Le able -lo toke odvortaąc of Arb,カage

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