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Question 4 1 pts Suppose it takes 1.3321 U.S. dollars today to purchase one British pound in the foreign exchange market, and currency forecasters predict
Question 4 1 pts Suppose it takes 1.3321 U.S. dollars today to purchase one British pound in the foreign exchange market, and currency forecasters predict that the U.S. dollar will depreciate by 12% against the pound over the next 30 days. How many dollars will a pound buy in 30 days? Enter your answer rounded to four decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $12,300.45678 then enter as 12300.4568 in the answer box
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