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Use the following information to answer the question below. What is the real (inflation-adjusted) exchange rate in 2019 (JPY/USD)? Enter your answer with two decimals.

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Use the following information to answer the question below. What is the real (inflation-adjusted) exchange rate in 2019 (JPY/USD)? Enter your answer with two decimals. Use the information below to calculate the expected gain or loss on the carry trade strategy for an initial borrowed amount of 1,000,000 (you will have to determine the currency of borrowing). Keep at least two decimals in your calculations but round up or down at the end (enter the final answer without decimals)

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