Suppose Absolute Purchasing Power Parity Holds $\le$ 04825 Per Dollar $\le$ 1,180
B)

Suppose absolute purchasing power parity holds. The exchange rate between British pounds and Canadian dollars is $\le$ 0.4825 per dollar. If a computer costs $2,995 in Canada, how much should it cost in Britain?

A) $\le$ 1,180
B) $\le$ 1,445
C) $\le$ 1,576
D) $\le$ 2,995
E) $\le$ 6,207