Purchasing Power Parity If the current spot rate between the U$.$S$.$ dollar and the Swedish krona was $$1=7\mathrm{.}6823$krona, and if the Inflation rate In the United

States was $6\mathrm{.}4$ percent and in Sweden it was $3\mathrm{.}4$ percent, then what would be the expected spot rate in one year?

Note: Round your calculations and answer to $4$ decimal places.

Multiple Choice

$$7\mathrm{.}9128($INCORRECT$)$

$$0\mathrm{.}1341$

$$0\mathrm{.}0706$

$$0\mathrm{.}1302$