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Homework: Chapter 16 Graded Homework Score: 0 of 1 pt Problem 16.LO2.22 (similar to) Sav L] Score: 0%, 0 of 13 Question Help 10 of

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Homework: Chapter 16 Graded Homework Score: 0 of 1 pt Problem 16.LO2.22 (similar to) Sav L] Score: 0%, 0 of 13 Question Help 10 of 13 (0 complete) HW Sample Exchange Rates Currency Pair India (rupee)- USD Britain (pound)-USD Turkey (ira)- USD Direct Rate 0.02201 1.87384 0.64701 The inflation rate in the United States is 4%, and the inflation rate in India is 8%, what would be the 1-year spot rate in Indian rupees? The 1-year spot rate would be Indian rupees. (Round to four decimal places.)

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