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the spot rate today is $1.3468/, calculate the expected spot rate three years from today if the British pound is expected to appreciate by 5%

the spot rate today is $1.3468/, calculate the expected spot rate three years from today if the British pound is expected to appreciate by 5% per year over the next three years.
Inversing of the given current spot rates is inadmissible and earns no points. show all your calculations while writing down what parameter your calculating i.e. S1 = so and so

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