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The present spot exchange rate is Real 1.00 - $ 0.25 and the rates of inflation expected to prevail for the next year in the

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The present spot exchange rate is Real 1.00 - $ 0.25 and the rates of inflation expected to prevail for the next year in the US, is 3 percent and 7 percent in Brazil. What will be the exchange rate one year from now? Real 1.00 = $0.2407 Real 1.00 $0.2597 Real 1.00 = $0.2463 $1.00 = Real 0.2455

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