Given the information: Inflation rate in US (th): Inflation rate in Europe (Ih): The current spot rate of EUR (SR): 3.5% 8.0% $1.15 According to Purchasing Power Parity, expected percentage change in the pree of the EUR during a one-year period should be: 0 -4.17% O 0.43% O 95.83% O 4.35% Question 40 Given the information: Inflation rate in US (h): Inflation rate in Europe (1h): The current spot rate of EUR (SRG: 3.5% 8.09 $1.15 According to Purchasing Power Parity, one year later, the expected spot price for EUR (SR) should be: O $2.2521 $1.2000 O $11550 O $11021