Suppose the spot exchange rate for the Hungarian forint is HUF 308.27. The inflation rate in the

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Suppose the spot exchange rate for the Hungarian forint is HUF 308.27. The inflation rate in the United States will be 2.6 percent per year. It will be 4.5 percent in Hungary. What do you predict the exchange rate will be in one year? In two years? In five years? What relationship are you using?

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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