Intro As of today, the spot exchange rate is $1.35/ and the rates of inflation expected to prevail for the next year in the U.S. is 2 percent and 5 percent in the euro zone. Part 1 Attempt 1/10 for 10 pts. Assume absolute PPP holds well today and in one year. Also assume one-year forward rate equals expected future spot exchange rate in one year. What is the one-year forward rate that should prevail? 2+ decimals Submit