question 4 help

Suppose you work for a US firm. You are given the following monthly Inflation rates in the US and South African Firm. The Exchange rate in March 2019 USD/ZAR 14.20. You are required to generate equilibrium exchange rates using Purchasing Power Parity (PPP). In order to do this, you do monthly in sample forecasts of the USD/ZAR exchange rates using the relative PPP model. You are provided with the following data: Using the data that is provided complete the missing figures in the table [ 9Marls8 ]