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If the one-year forward rate for the euro is $1.07, while the current spot rate is $1.05. Find the expected percentage change in the euro
If the one-year forward rate for the euro is $1.07, while the current spot rate is $1.05. Find the expected percentage change in the euro after one year. Do not write any symbol. Express your answers as a percentage. Make sure to round your answers to the nearest 100th percentage points.
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