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5. At the beginning of the year the exchange rate between the Brazilian Real and the U.S. dollar is 3 Reals per dollar. Over the year, Brazilian inflation is 10% and U.S. inflation is 4%. If parity holds, at one- year-end the exchange rate should be dollars per real. (5point) A) 0.2799 B) 0.3327 C) 2.8498 D) 0.3145 E) 0.3035