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The annual inflation rate is expected to be 2.6% in the UK and 0.7% in the Japan. The current exchange rate is 150.78/. What would
The annual inflation rate is expected to be 2.6% in the UK and 0.7% in the Japan. The current exchange rate is 150.78/. What would the expected spot exchange rate be in two years for the pound?
a. 145.25/
b. 153.62/
c. 147.99/
d. 156.52/
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