Problem 12 A late penalty of 10% will apply to new answers. Intro Assume that the real interest rate is 2% everywhere. The annual nominal interest rate is 5.9% in the U.S. and 3.4% in Germany. Part 1 - Attempt 1/10 for 9 pts. What is the approximate expected percentage change in the exchange rate (measured in U.S. dollars per euro) according to the international Fisher effect? 14+ decimals Submit