BE LECTURE MNF 30.01.2017 (1).pdf X + X C File | C:/Users/mohas/Downloads/LECTURE%20MNF%2030.01.2017%20(1).pdf YouTube (5) ustadh wahaj tar... New Tab ) YouTube . Maps G Gmail GB News Translate LM Legendary Market: WORKING CAPITAL MA 1/2 V X 28 of 84 Q + Al T A I(f) - is the inflation rate in the foreign market Illustration Assume that the direct spot rate between the US Dollar and the European pound is; f1: $1.5 Inflation rate in the UK (UK) = 10% Inflation rate in the US (US) = 6% Required Compute the percentage change in the direct quote and determine the new exchange rate Compute end of years 1, 2 and 3 exchange rates If parity holds, at what year will the pound change for no dollar? 08:50 Type here to search 129 9 N 20 C ~ $ 601) ENG UK 29/01/2022 56