Naltese Falcon: The Black Bird. Imagine that the myical sold gold falcon, initially irtended as a tribule by the Knights of Maita to tho King of Span in appreciation for his gitt of the island of Malta wand home. The salo and payment are to take ploce one year from now, and the parties are negotiating over the price and currency of paytment. The iavostor has declded, in a show of goodwit, 10 base the sales prico only on the falcon's specie value-its gold value. The current spot exchange rate is 0.3899 Mathese lira (ML) per 1.00 U.S. dollar, Muthese infation is axpected to be about 8.502\% for the coming year, while U. S, infasion, on the heels of a double-dp recession, is expected to come in at only 1.505% if the investor bases value in the U.S. dollar, would he be setter off recowng Malinse ira in one year (atsumng purchasing power parity), or recolving a guaranteed dollar poyment (assuming a goid price of $419 per cunce one year from now)? If the invester bases his gross sales proceeds in U.S dollars, the guaranteed dolar payment yeids 5 (Round to the nearest cont) Accepting Maltese tra assuming purchasing power parity (PPP) yelds : (Round to the nearest cent)