A Bottle of French Wine Costs $25 Euros in Paris

A bottle of French wine costs $25 euros in Paris.According to the purchasing power parity theory,what would the bottle sell for in New York if it costs the New York company $2 per bottle to transport the wine to the United States? Assume the exchange rate is $1.50 per euro.

A) $40.50
B) $28.50
C) $27.00
D) $39.50