An American Depositary Receipt​ (ADR) is a security issued by a U.S. bank and traded on a U.S. stock exchange that represents a specific number of shares of a foreign stock. For​ example, Nokia Corporation trades as an ADR under the symbol NOK on the NYSE. Each ADR represents one share of Nokia Corporation​ stock, which trades under the symbol NOK1V on the Helsinki stock exchange.
If the U.S. ADR for Nokia is trading for $ 7.18 per​ share, and Nokia stock is trading on the Helsinki exchange for euro 5.43 per​ share, use the Law of One Price to determine the current ​$/euro exchange rate. ​(Round to three decimal​ places.)