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In the spot market, $1 is currently equal to .55. The expected inflation rate in the U.K. is 2 percent and in the U.S. 4
In the spot market, $1 is currently equal to .55. The expected inflation rate in the U.K. is 2 percent and in the U.S. 4 percent. What is the expected exchange rate one year from now it relative purchasing power parity exists? O A. .536 B.E.539 OC. .541 OD.E.544 E E.564
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