Assume the inflation rate in the U.S. is 1.23 percent. The spot rate for a foreign currency

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Assume the inflation rate in the U.S. is 1.23 percent. The spot rate for a foreign currency is 1.16 while the 1-year forward rate is 1.19. What is the approximate rate of inflation in the foreign country?

Posted Date: May 18, 2024 05:04 PM

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Assume the inflation rate in the U.S. is 1.23 percent. The spot rate for a foreign currency

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