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Assume annual inflation rates in the US and Australia are 6% and 4% respectively, and the spot rate is US$0.75 per AUD (indirect quote). What

Assume annual inflation rates in the US and Australia are 6% and 4% respectively, and the spot rate is US$0.75 per AUD (indirect quote). What is the value of AUD in 1 and 2 years?

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Assume annual inflation rates in the US and Australia are 6% and 4% respectively, and the spot rate is US$0.75 per AUD (indirect quote). What is the value of AUD in 1 and 2 years?

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