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Given the information: Inflation rate in US (th): Inflation rate in Europe (th: The current spot rate of EUR (SR.): 3.5% 8.0% $1.15 According to

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Given the information: Inflation rate in US (th): Inflation rate in Europe (th: The current spot rate of EUR (SR.): 3.5% 8.0% $1.15 According to Purchasing Power Parity, expected percentage change in the price of the EUR during a one-year period should be: 95.83% 0-4.17% O 0.43% 4.35%

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