Suppose it takes 1.3037 U.S. dollars today to purchase one British pound in the foreign exchange market,
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Suppose it takes 1.3037 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 13% against the pound over the next 30 days. How many dollars will a pound buy in 30 days?
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