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international The table below shows the exchange rate this year along with the price level in this country and a foreign country this year, last

international
The table below shows the exchange rate this year along with the price level in this country and a foreign country this year, last year, and the projection for next year. Answer the question assuming the projection for next year is accurate and relative PPP holds. Exchange Rate Price Level Foreign Price Level Last Year 113 This Year 3.25 112 130 Next Year 122 131 What is the exchange rate next year? Round to two decimal places

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