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Assume the spot exchange rate is AUD.7022. The expected inflation rate is 1.1 percent in Australia and 1.3 percent in the U.S. What is the expected exchange rate one year from now if relative purchasing power parity exists? AUD.6990 O AUD.7008 O AUD.7021 O AUD 7016 O AUD.7000 Apax Company has expected earnings before interest and taxes of $645,000, an unlevered cost of capital of 10.5 percent, and a tax rate of 25 percent. The company has $2,200,000 of debt that carries a 6 percent coupon. The debt is selling at par value. What is the value of this company? $4,182.603 $4,800,000 O $4,426,314 $4,833,702 O $5,157,143