Problem 7 A late penalty of 20% will apply to new answers. Intro Assume that the real interest rate is 2% in the U.S. and 1% in Canada. The annual nominal interest rate is 3.3% in the U.S. and 5.4% in Canada. Part 1 - Attempt 9/10 for 8 pts. What is the approximate expected percentage change in the exchange rate (measured in U.S. dollars per Canadian dollar) according to the Fisher effect and purchasing power parity? 4+ decimals Submit