Question: Just need part C. Round to 4 decimals. Thanks! Purchasing Power Parity Forecasts. Use the table containing economic, financial, and business indicators to answer the
Just need part C. Round to 4 decimals. Thanks!


Purchasing Power Parity Forecasts. Use the table containing economic, financial, and business indicators to answer the following questions. Assuming purchasing power parity, and assuming that the forecasted change in consumer prices is a good proxy of predicted inflation, forecast the following exchange rates: a. Japanese yen/U.S. dollar in one year b. Japanese yen/Australian dollar in one year c. Australian dollar/U.S. dollar in one year Assuming purchasing power parity, and assuming that the forecasted change in consumer prices is a good proxy of predicted inflation, forecast the following exchange rates: a. Japanese yen/U.S. dollar in one year The forecast of the spot rate for Japanese yen/U.S. dollar in one year is 1\$. (Round to two decimal places.) b. Japanese yen/Australian dollar in one year The forecast of the cross rate for Japanese yen/Australian dollar in one year is \$. (Round to two decimal places.) c. Australian dollar/U.S. dollar in one year The forecast of the spot rate for Australian dollar/U.S. dollar in one year is A\$ 1\$. (Round to four decimal places.) Data table The table below contains economic, financial, and business indicators from 2015
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