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The current spot rate between the U.S. dollar and the Netherland Antilles guilder is $1 = 1.8045 guilder. Assume the inflation rate in the United
The current spot rate between the U.S. dollar and the Netherland Antilles guilder is $1 = 1.8045 guilder. Assume the inflation rate in the United States is 5 percent and in the Netherland Antilles is 9 percent. What is the expected spot rate in one year? (Do not round intermediate calculations and round your final answer to 4 decimal places.)
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