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Assume that the exchange rate is 1.34 AUD/1 USD (AUD: Australian Dollar, USD: US Dollar) A forecast predicts a 5.2% USD depreciation. What is the

Assume that the exchange rate is 1.34 AUD/1 USD (AUD: Australian Dollar, USD: US Dollar)

A forecast predicts a 5.2% USD depreciation. What is the value of the exchange rate that this individual is predicting? (2 POINTS)

Another forecast is predicting a 2.8% AUD appreciation. What is the value of the exchange rate that this individual is predicting? (2 POINTS)

Do the forecasters in a) and b) agree or disagree with each other? Explain. (1 POINT)

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