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Please show calculations and explain answers! IRP and IFE - Assume the following information is available for the U.S. and the Eurozone: A. Does IRP

Please show calculations and explain answers!

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IRP and IFE - Assume the following information is available for the U.S. and the Eurozone: A. Does IRP hold? B. According to PPP, what is the expected spot rate of the euro in one year? C. According to the IFE, what is the expected spot rate of the euro in one year? D. Reconcile your answers to parts (A) and (C)

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