Question: CH 1 8 HW ( i Saved Help Save & Exit Submit 1 9 . 7 2 points Required: The current spot exchange rate is
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The current spot exchange rate is HUF per $ Longrun inflation in Hungary is estimated at percent annually and percent in the United States. If PPP is expected to hold between the two countries, what spot exchange should one forecast five years into the future?
Note: Round your answer to decimal places.
Future spot exchange rate
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