Question
Japanese yen are trading at $130 yen per US dollar. The forecast for yen next year is that it will appreciate by 10% against the
Japanese yen are trading at $130 yen per US dollar. The forecast for yen next year is that it will appreciate by 10% against the dollar. calculate what is the expected (forecast) exchange rate for next year?
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
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1429278390, 978-1429278416, 1429278412, 978-1429278393
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