A box of candy costs 28.80 Swiss francs in Switzerland and $21.80 in the United States. Assuming that purchasing power parity (PPP) holds, how many Swiss francs are required to purchase one U.S. dollar? Do not round the intermediate calculations and round the final answer to four decimal places.
A. 1.0701
B. 1.1097
C. 1.3211
D. 1.6382
E. 1.2286
Answer: C
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