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Cakebook Inc. is trying to forecast the change in the exchange rate for the Swedish Krone. The exchange rate would impact the cost of elderberries

Cakebook Inc. is trying to forecast the change in the exchange rate for the Swedish Krone. The exchange rate would impact the cost of elderberries imported from Sweden and featured in the company's signature dessert. Analysts project a rate of inflation of 10.1% in Sweden and an inflation rate of 3.7% in the USA for next year. What is the expected appreciation/depreciation of the Swedish Krone?

Provide your answer in percent, rounded to two decimals.

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