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If the spot exchange rate is 1.25/$, interest in the USA is at an annual rate of 6.18%, interest in the Eurozone is 3.44, then
If the spot exchange rate is 1.25/$, interest in the USA is at an annual rate of 6.18%, interest in the Eurozone is 3.44, then how many dollars do you expect a Euro to be worth in one year from now? Round to two decimal places.
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