Suppose the spot exchange rate for the Hungarian forint is HUF 268. Interest rates in the United
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Suppose the spot exchange rate for the Hungarian forint is HUF 268. Interest rates in the United States are 1.63 percent per year. They are 2.19 percent in Hungary. What do you predict the exchange rate will be in one year? In two years? In five years? What relationship are you using?
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Related Book For 
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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