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Based on the differential inflation rate projections, what is the expected end-of-year exchange rate between the US dollar and Thailands currency for the next seven
Based on the differential inflation rate projections, what is the expected end-of-year exchange rate between the US dollar and Thailands currency for the next seven years?
Current exchange rate for Thailand is
1 Thai Baht equals= 0.027 United States Dollar
\begin{tabular}{l|l|l|l|l|l|l|l} & Q1=Y1 & Q2=Y2 & Q2=Y3 & Q3=Y4 & Q3=Y5 & Q4=Y6 & Q4=Y7 \\ \hline US & 0.25 & 0.25 & 0.25 & 0.25 & 1 & 1.75 & 2.5 \\ \hline Thailand & 0.5 & 0.5 & 0.5 & 0.5 & 0.5 & 0.75 & 0.75 \end{tabular}Step by Step Solution
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