Currently, you can exchange C100 for $112.55. The inflation rate in Europe is expected to be 14 percent. In one year, it is expected that C100 can be exchanged for $113.50. Assume relative purchasing power parity exists. What is the expected inflation rate in the U.S.? Multiple Choice 505 percent 5.92 percent 499 percent 5.48 percent 5.69 percent