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International Financial management QUESTION 4 As of today, the spot exchange rate is Euro 1.00 = $1.50 and the rates of inflation expected to prevail

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International Financial management

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QUESTION 4 As of today, the spot exchange rate is Euro 1.00 = $1.50 and the rates of inflation expected to prevail for the next year in the US. is 2% and 3% in the euro zone. What is the one-year forward rate, 1 Euro = $ , that should prevail, round to 4 decimal places

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