If the price level recently increased by 23% in England while falling by 4% in the United States, what must be the new exchange rate if PPP holds? Assume that the current exchange rate is 0.59 pound per dollar. The new exchange rate must be pound per dollar. (Round your response to two decimal places.) The New Zealand dollar to U.S. dollar exchange rate is 1.31 , and the British pound to U.S. dollar exchange rate is 0.63 . If you find that the British pound to New Zealand dollar were trading at 0.49 , what would be the riskless profit per U.S. dollar invested? The riskless profit is $ per U.S. dollar invested. (Round your response to two decimal places.)