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The current spot exchange rate is HUF 2 5 6 per $ 1 . 0 0 . Long - run inflation in Hungary is estimated
The current spot exchange rate is HUF per $ Longrun inflation in Hungary is estimated at percent annually and percent in the United States. If PPP is expected to hold between the two countries, what spot exchange should one forecast five years into the future?
Note: Round your answer to decimal places.
Answer is complete but not entirely correct.
Future spot exchange rate
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