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Question 27 (1 point) If the USA has annual inflation of 6%, Switzerland has annual inflation of 3%, and the spot rate is SFr 1

Question 27 (1 point) If the USA has annual inflation of 6%, Switzerland has annual inflation of 3%, and the spot rate is SFr 1 = $0.70, what does PPP suggest the spot rate should be in 5 years? (Use the US Dollar as the reference currency. Enter your answer in US Dollars with no symbols. For example, if you compute $1.2345/SFr, enter "1.2345") Your

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