Formulas: IRP = Forward Rate / Spot Rate = (1+r)/(1 + r) PPP: Ph = Pf(Spot rate) Adjust g for currency app/dep: [(1+g)/(1+ER))-1 Po = D1/ (Rs - g) If the Euro sell for $1.10 (US) per euro, what should dollars sell for in euros per dollar? .93 .89 O .95 0 0.91 0.97