Assume Your Favorite Running Shoes Cost $119 in the U

Assume your favorite running shoes cost $119 in the U.S.while the identical shoes cost C$139.50 in Canada.According to purchasing power parity, what is the C$/$ exchange rate?

A) C$.8530/$1
B) C$.8426/$1
C) C$1.0918/$1
D) C$1.1723/$1
E) C$1.2305/$1