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QUESTION 25 9.5 p The inflation rate in the US is projected at 3% per year. The Japanese inflation rate is projected to be 2%

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QUESTION 25 9.5 p The inflation rate in the US is projected at 3% per year. The Japanese inflation rate is projected to be 2% during that time. The exchange rate is currently Japanese yen 104.86. Based on relative PPP, what is the expected exchange rate in 1-year

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