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17. Suppose one Euro can purchase 1.25 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the U.S. dollar will appreciate

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17. Suppose one Euro can purchase 1.25 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the U.S. dollar will appreciate by 25% against the Euro over the next 60 days. How many dollars will a Euro buy in 60 days? (4 points)

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