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The current spot exchange rate is HUF 2 5 4 / $ 1 . 0 0 . Long - run inflation in Hungary is estimated

The current spot exchange rate is HUF254/$1.00. Long-run
inflation in Hungary is estimated at 10 percent annually and 3
percent in the United States. If PPP is expected to hold between
the two countries, what spot exchange rate should one forecast five
years into the future?(Round your answer to 2 decimal
places.)

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