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In the spot market, $1 is currently equal to 5.5725. The expected inflation rate in the U.K. is 4 % and in Canada 2%. What

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In the spot market, $1 is currently equal to 5.5725. The expected inflation rate in the U.K. is 4 % and in Canada 2%. What is the expected exchange rate one year from now if relative purchasing power parity exists? Multiple Choice 557216 O

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