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2. Interest rates are currently 2% in the US and 3% in Germany. The current spot rate between the and $ is $1.5/. What is

2. Interest rates are currently 2% in the US and 3% in Germany. The current spot rate between the and $ is $1.5/. What is the expected spot rate in one year if the international Fisher effect holds? (Answer:1.4854$/)

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