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% QUESTION 7 The U.S.ination expected to be 5% over the next year, while the European nation rate is expected to be 3%. The sument

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QUESTION 7 The U.S.ination expected to be 5% over the next year, while the European nation rate is expected to be 3%. The sument spot rate of the uni 31.03. Using purchasing power party, the expected spot rate at the end of one year 1 102 1.00 104 1.06

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