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Suppose annual inflation rates in the US and Malaysian are expected to be 5% and 90%, respectively over the next year. If the current spot
Suppose annual inflation rates in the US and Malaysian are expected to be 5% and 90%, respectively over the next year. If the current spot rate for the Malaysian ringgit is 3342.62 riels per dollar, then the best estimate of the ringgits future spot rate one year from now is:
0.000170 per $ | ||
$ 6053.27 | ||
$ 6048.55 | ||
0.000165 per $
|
PLEASE give step by step solutions Or If you are using the calculator, please give the formula and the values of the variables
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