Let e0 = $1.29 per ?, ?US = 3% and ?EU = 5% that are likely to continue for next 4 periods. (a) Calculate e4

Let e0 = $1.29 per â?¬, ?US = 3% and ?EU = 5% that are likely to continue for next 4 periods. (a) Calculate e4 and e'4. (b) Calculate % appreciation/depreciation of â?¬ and $. Explain their i...