Suppose the spot exchange rate for the Hungarian forint is HUF 204.70. The inflation rate in the
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Question:
| Suppose the spot exchange rate for the Hungarian forint is HUF 204.70. The inflation rate in the United States is 1.9 percent per year and is4.9 percent in Hungary. |
| What do you predict the exchange rate will be in one year?(Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).) |
| Exchange rate | HUF / $ |
| What do you predict the exchange rate will be in two years?(Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).) |
| Exchange rate | HUF / $ |
| What do you predict the exchange rate will be in five years?(Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).) |
| Exchange rate | HUF / $ |
Expert Answer:
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