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I'm completely stuck on this... I assume it's an inverse problem. Please respond ASAP, if possible. INTERNATIONAL FINANCE Problem 1: You expect the euro to

I'm completely stuck on this... I assume it's an inverse problem. Please respond ASAP, if possible. INTERNATIONAL FINANCE

Problem 1: You expect the euro to depreciate relative to the US dollar by 10%. If the current spot rate for

the euro is EUR 0.913242 per USD, and you would like to purchase EUR 5,000, what will the USD

cost of your 5,000 euros be in 2 months(after depreciation of the euro relative to the USD by

10%)? Show details of your calculation.

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