Your friend, who is a currency forecaster, expects that the Australian government will introduce new regulations that encourage foreigners to buy real estate in Sydney. The current exchange rate for the Australian Dollar relative to the US Dollar is 0.73 USD/AUD. In a floating exchange rate system and assuming all else remains equal, what future exchange rate is your friend most likely to forecast?

Select one: a. 0.77 USD/AUD b. 0.73 USD/AUD c. 0.70 USD/AUD d. 0.65 USD/AUD e. 0.57 USD/AUD