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Suppose one British pound can purchase 1.32 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the British pound will appreciate
Suppose one British pound can purchase 1.32 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the British pound will appreciate by 22.0% against the pound over the next 30 days. How many dollars will a pound buy in 30 days? (5 points)
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