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Currently, one CAD is worth about 0.8 USD. If over the next 5 years, Canadian inflation turned out to be 2%, US inflation 3%, and
Currently, one CAD is worth about 0.8 USD. If over the next 5 years, Canadian inflation turned out to be 2%, US inflation 3%, and real GDP growth 1% in each country, every year, what would you expect the exchange rate to be in 5 years? (3 points)
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