Question: Ch 18 Assignment i Seved 10 points Suppose the spot exchange rate for the Hungarian forint is HUF 225. Interest rates in the United

Ch 18 Assignment i Seved 10 points Suppose the spot exchange rate

Ch 18 Assignment i Seved 10 points Suppose the spot exchange rate for the Hungarian forint is HUF 225. Interest rates in the United States are 3.6 percent per year. They are 5.5 percent in Hungary. Use the approximate interest rate parity equation to answer this question. What do you predict the exchange rate will be in one year? In two years? In five years? Note: Do not include the Hungarian forint sign (HUF). Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16. 7 Skipped Exchange rate One year HUF Two years HUF eBook Five years HUF References Hep

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