Question 18 (1 point) One year ago the Swiss franc/U.S. dollars spot exchange rate was SF 1.4655/$. Since that time the rate of inflation in the U.S. has been 4%, while the rate of inflation in Switzerland was only 1.5%. Based on the theory of Relative PPP, the current spot exchange rate of one U.S. dollars for Swiss franc should be (Assume that the spot exchange rate was in equilibrium a year ago and calculate the exact number). SFr1.4303/$ OSFr1.5016/$ SFr1.1312/$ SFr 1.4655/$ None of the answers is correct