Today 3:59 PM Edit x 3/447576/tube/questions/10001915 10 pts Question 4 1 BP - $1.25 1 euro = $1.15 a) Find the cross exchange rate between BP and euro (1 BP = ? euro). (5 pts) b) Suppose that the UK market has a 5% inflation rate and the PPP (purchasing power parity) holds. If the exchange rate between US dollar (home currency) and British pound changes from 1 BP - $1.25 to 1 BP = $1.30, find the inflation rate of the US market. (5pts) GotView sert Format Tools Table