8. Assume that relative Purchasing Power Parity holds and that the: U.S. inflation rate over the coming year is expected to be 5% Czech inflation rate over the coming year is expected to be 1% Spot rate of the Czech koruna (CZK) is $0.045 If your company plans to import from the Czech Republic and will need to pay 1 million CZK, how many U.S. dollars will it need to pay if it plans to convert USD to CZK one year from now