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Assume that one-year interest rates are 1.4 in the US and 5.4 in china. The current spot rate b/n the Chinese Youn and US$ is

Assume that one-year interest rates are 1.4 in the US and 5.4 in china. The current spot rate b/n the Chinese Youn and US$ is $ 6.4/Youn. What would you expect the spot rate for the Youn to be one year hence if you believe that the international Fisher effect holds?

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