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The spot exchange rate is $1.2175/ and the rates of inflation expected to prevail for the next year in the U.S. is 3.75% and 3.23%

The spot exchange rate is $1.2175/and the rates of inflation expected to prevail for the next year in the U.S. is 3.75% and 3.23% in the euro zone. What is the one-year forward rate that should prevail?

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