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The yearly return on long term government debt issued by the United Arab Emirates is 7.55%. Comparable bonds issued by the US government return 0.79%.

The yearly return on long term government debt issued by the United Arab Emirates is 7.55%. Comparable bonds issued by the US government return 0.79%. Today, the spot exchange rate is 0.33 USD per 1 AED (UAE dirham) . If the Law of One Price holds, what would you predict the exchange rate to be 1 year from today? Please give your answer (in USD per AED) to the nearest hundredth of a cent.

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