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Assume the interest rate on a one-year U.S. government debt security is currently 9.5 percent compared with a 7.5 percent on a foreign countrys comparable

Assume the interest rate on a one-year U.S. government debt security is currently 9.5 percent compared with a 7.5 percent on a foreign countrys comparable maturity debt security. If the U.S. dollar value of the foreign countrys currency is $1.50, what is the expected exchange rate one year from now based on interest rate parity?

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