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There is a consensus in capital markets that the annual inflation rate is likely to be 3 . 5 % in the U . S

There is a consensus in capital markets that the annual inflation rate is likely to be 3.5% in the U.S. and 1.5% in the U.K. for the next three years. The spot exchange rate is currently $1.50. What is your expected future spot dollar-pound exchange rate in three years from now?
Please round your answer to 4 decimal places.
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