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The Chase Bank currency desk is showing a spot rate of NZD 1 . 5 0 / USD today. If the estimated inflation rate is
The Chase Bank currency desk is showing a spot rate of NZD USD today. If the estimated inflation rate is in the US and in New Zealand, calculate the NZDUSD spot rate in one years time, assuming the relative version of the purchasing power parity holds true.
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NZD USD
NZD USD
NZD USD
NZD USD
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