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If the inflation rate in the British pound versus the US $ is 4% , while the exchange rate is 1 pound exchanges for $1.25

If the inflation rate in the British pound versus the US $ is 4% , while the exchange rate is 1 pound exchanges for $1.25 presently, if the future spot rate is$1.15, what is the US inflation rate?

2) What is the meaning of the above in the context of PPP? .

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