A television costs $755 in the United States. The same television costs 634.5 euros. If purchasing power parity holds, what is the spot exchange rate between the euro and the dollar? Do not round...

A television costs $755 in the United States. The same television costs 634.5 euros. If purchasing power parity holds, what is the spot exchange rate between the euro and the dollar? Do not round intermediate calculations. Round your answer to four decimal places.

$1 = ___  euro(s)